No financial institution shall acquire more than five percent of the voting shares or otherwise gain control of any entity other than a financial institution without prior notice to the Commission.
1978, c. 683, § 6.1-383; 1983, cc. 193, 194; 2010, c. 794.
Structure Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 7 - Acquisitions of Interests in Financial Institutions
§ 6.2-702. Registration; authority to transact business
§ 6.2-705. Investigation of application
§ 6.2-706. Cooperative agreements with other regulatory authorities
§ 6.2-707. Reports and examinations
§ 6.2-708. Unsafe or unsound practices; cease and desist orders
§ 6.2-709. Conformity with federal forms
§ 6.2-710. Regulations excluding financial institution holding companies from this chapter
§ 6.2-711. Civil penalties; injunction