State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-7 > 6-2-703

§ 6.2-703. (Effective October 1, 2010) Acquisition of interest in entityother than financial institution by financial institutions.

No financial institution shall acquire more than five percent of the votingshares or otherwise gain control of any entity other than a financialinstitution without prior notice to the Commission.

(1978, c. 683, § 6.1-383; 1983, cc. 193, 194; 2010, c. 794.)

State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-7 > 6-2-703

§ 6.2-703. (Effective October 1, 2010) Acquisition of interest in entityother than financial institution by financial institutions.

No financial institution shall acquire more than five percent of the votingshares or otherwise gain control of any entity other than a financialinstitution without prior notice to the Commission.

(1978, c. 683, § 6.1-383; 1983, cc. 193, 194; 2010, c. 794.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-7 > 6-2-703

§ 6.2-703. (Effective October 1, 2010) Acquisition of interest in entityother than financial institution by financial institutions.

No financial institution shall acquire more than five percent of the votingshares or otherwise gain control of any entity other than a financialinstitution without prior notice to the Commission.

(1978, c. 683, § 6.1-383; 1983, cc. 193, 194; 2010, c. 794.)