2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 10 - Entities Conducting Trust Business. (6.2-1000 thru 6.2-1099)
6.2-1049 - (Effective October 1, 2010) Permissible business.
§ 6.2-1049. (Effective October 1, 2010) Permissible business.
A trust subsidiary shall be permitted to engage in trust business and activities that may be engaged in by a bank pursuant to § 6.2-1002, and business incidental thereto. A trust subsidiary shall not accept deposits or conduct any other business except as may be incidental to the trust business being conducted by it.
(1974, c. 286, § 6.1-32.5; 1997, c. 801; 2010, c. 794.)
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