Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-403 Applicable laws, rules and regulations

§ 6.1-403. Applicable laws, rules and regulations

A. Any Virginia bank that is controlled by a bank holding company that is not a Virginia bank holding company shall be subject to all laws of this Commonwealth and all rules and regulations under such laws that are applicable to Virginia banks controlled by Virginia bank holding companies.

B. The Commission shall promulgate such rules and regulations, including the imposition of reasonable application and administration fees, as it finds necessary to implement and effect the provisions of this chapter.

(1985, c. 544.)

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Last modified: April 2, 2009