Code of Virginia (Last Updated:July 28, 2020) |
TITLE 6.2. Financial Institutions and Services |
SUBTITLE II. Depository Institutions and Trust Organizations |
CHAPTER 11. Savings Institutions |
ARTICLE 8. Other Loans and Investments |
SECTION 6.2-1188. Effect of repeal or amendment of statute or regulation on existing loan or investment |
SECTION 6.2-1188. Effect of repeal or amendment of statute or regulation on existing loan or investment
Any investment or loan that was in compliance with the provisions of this chapter or a regulation of the Commission in existence when such investment or loan was made shall remain a legal investment or loan even though the power to make such investment or loan in the future is amended or revoked by regulation or by action of the General Assembly. 1985, c. 425, § 6.1-194.70; 1991, c. 230, § 6.1-194.137; 2010, c. 794 . |