Code of Virginia (Last Updated:July 28, 2020) |
TITLE 6.2. Financial Institutions and Services |
SUBTITLE II. Depository Institutions and Trust Organizations |
CHAPTER 10. Entities Conducting Trust Business |
ARTICLE 3. Trust Subsidiaries |
SECTION 6.2-1047. Definitions |
SECTION 6.2-1048. Organization of subsidiary trust companies |
SECTION 6.2-1049. Permissible business |
SECTION 6.2-1050. Directors |
SECTION 6.2-1051. Report to Commission of election of director |
SECTION 6.2-1052. Removal of director or officer; appeals; penalty |
SECTION 6.2-1053. Bonds required of officers and employees; blanket bond |
SECTION 6.2-1054. Certificate required |
SECTION 6.2-1055. Trust offices |
SECTION 6.2-1056. When security not required of trust subsidiaries |
SECTION 6.2-1057. Deposits held or received by trust subsidiaries or subsidiary bank with affiliate banks |
SECTION 6.2-1058. Substitution of trust subsidiary as fiduciary |
SECTION 6.2-1059. Substitution of subsidiary bank as fiduciary |
SECTION 6.2-1060. Trust subsidiaries to have same powers and restrictions as bank trust departments |
SECTION 6.2-1061. Reports; investigations and examinations; civil penalties |
SECTION 6.2-1062. Offenses by officer, director, agent or employee of trust subsidiary; penalties |
SECTION 6.2-1063. Officers, directors, agents and employees violating or causing trust subsidiary to violate laws; civil liability not affected |
SECTION 6.2-1064. Civil penalties for violation of Commission's orders |