2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 10 - Entities Conducting Trust Business. (6.2-1000 thru 6.2-1099)
6.2-1067 - (Effective October 1, 2010) Trust business of out-of-state trust institution.
§ 6.2-1067. (Effective October 1, 2010) Trust business of out-of-state trust institution.
A. An out-of-state trust institution that establishes or maintains one or more offices in the Commonwealth under this article may conduct any activity at each such office that would be authorized under the laws of the Commonwealth for a state trust institution to conduct at such an office.
B. An out-of-state trust institution may engage in a trust business at an office in the Commonwealth only if it maintains (i) a trust office in the Commonwealth as permitted by this article or (ii) a branch in the Commonwealth.
(1999, c. 835, § 6.1-32.34; 2010, c. 794.)
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