2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 11 - Savings Institutions (6.2-1100 thru 6.2-1205)
6.2-1120 - (Effective October 1, 2010) Minimum capital requirement.

§ 6.2-1120. (Effective October 1, 2010) Minimum capital requirement.

A state savings bank shall comply with the applicable minimum capital requirements of the Federal Deposit Insurance Corporation. The Commission may impose such additional minimum capital requirements as it deems necessary in order to insure the safe and sound operation of state savings banks.

(1991, c. 230, § 6.1-194.116; 2010, c. 794.)

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