SECTION 6.2-1012. Suspension or prohibition of trust institutions

The Commission may prohibit or suspend from engaging in trust business any (i) trust company that fails to comply with any of the provisions of § 6.2-1005 , 6.2-1005 , or 6.2-1005 ; (ii) bank doing a trust business that fails to comply with any of the provisions of § 6.2-1005 , 6.2-1005 , 6.2-1005 , or 6.2-1005 ; or (iii) trust subsidiary that fails to comply with the provisions of § 6.2-1005 or 6.2-1005 .

Code 1950, § 6-103; 1966, c. 584, § 6.1-32; 1974, c. 665; 2010, c. 6.2-1005 .