§ 6.2-881 Investment in reverse annuity mortgages
A bank may invest in reverse annuity mortgages to the extent and in the manner that may be provided in regulations adopted by the Commission.
History
This law was first created in 1979. The record of its establishment is cataloged in chapter 386 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1979 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1994, chapter 501; in 2010, chapter 794.
1979, c. 386, § 6.1-65.1; 1994, c. 501; 2010, c. 794.