There is a newer version of the Code of Virginia
2016 Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 11 - Savings Institutions
§ 6.2-1120. Minimum capital requirement
VA Code § 6.2-1120 (2016) What's This?
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, ยง 6.1-194.116; 2010, c. 794.
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