Code of Virginia § 6.2-851. Interstate merger transactions and branching permitted.
53 words·~1 min read·
/va/title-6-2/chapter-8/6-2-851A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Virginia banks may merge with out-of-state banks under this article, and an out-of-state bank resulting from such an interstate merger transaction may maintain and operate the branches in the Commonwealth of a merged Virginia bank, provided the requirements of this article are met.
1995, c. 301 , § 6.1-44.18; 2010, c. 794 .