Code of Virginia § 6.2-1014. Certificate required.
94 words·~1 min read·
/va/title-6-2/chapter-10/6-2-1014A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No person shall engage in the trust business without first obtaining a certificate of authority from the Commission; however, a bank or savings institution authorized under state or federal laws to engage in the trust business or a trust subsidiary, including a national bank or federal savings bank described in clause
(ii)of subsection B of § 6.2-1067 , may engage in such business to the extent permitted by law without obtaining a certificate under this article.
1993, c. 432, § 6.1-32.13; 2010, c. 794 ; 2011, c. 67 ; 2012, c. 608 .