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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 6.2. Financial Institutions and Services |
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SUBTITLE II. Depository Institutions and Trust Organizations |
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CHAPTER 10. Entities Conducting Trust Business |
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ARTICLE 2. Trust Companies |
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SECTION 6.2-1015. Application for certificate; fee |
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A. An application for a certificate shall (i) be in writing, in such form as the Commission prescribes, (ii) be verified under oath, (iii) be supported by such information, data, and records as the Commission may require, and (iv) include an operating plan. B. Each application for a certificate of authority shall be accompanied by an investigation fee of $10,000. |