{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1078.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1078.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1078.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1078.html"}],"law_id":84978,"edition_id":1,"section_id":84978,"structure_id":15663,"section_number":"6.2-1078","catch_line":"Offices","history":"2003, c. 910, \u00a7 6.1-32.30:5; 2010, c. 794.","full_text":"A\n\nThe office at which a private trust company begins business shall be designated initially as its principal office. The board of directors or managers of a private trust company may thereafter redesignate as the principal office another authorized office of the private trust company in the Commonwealth.B\n\nThe board of directors or managers of a private trust company may designate, and from time to time redesignate, one additional office at which the private trust company may conduct business in the Commonwealth.C\n\nThe private trust company shall notify the Bureau of any such redesignation of its principal office or designation or redesignation of an additional office not later than 30 days before its effective date and shall confirm to the Bureau any such designation or redesignation within 10 days of its occurrence.","order_by":null,"text":{"0":{"id":304614,"text":"The office at which a private trust company begins business shall be designated initially as its principal office. The board of directors or managers of a private trust company may thereafter redesignate as the principal office another authorized office of the private trust company in the Commonwealth.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":304615,"text":"The board of directors or managers of a private trust company may designate, and from time to time redesignate, one additional office at which the private trust company may conduct business in the Commonwealth.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":304616,"text":"The private trust company shall notify the Bureau of any such redesignation of its principal office or designation or redesignation of an additional office not later than 30 days before its effective date and shall confirm to the Bureau any such designation or redesignation within 10 days of its occurrence.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":15663,"edition_id":1,"name":"Private Trust Companies","identifier":"5","label":"article","depth":4,"order_by":1,"parent_id":13001,"metadata":{},"date_created":"2026-06-26 03:57:36","date_modified":"2026-06-26 03:57:36","permalink":{"id":263993,"object_type":"structure","relational_id":15663,"identifier":"5","token":"6.2\/II\/10\/5","url":"\/6.2\/II\/10\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13001,"edition_id":1,"name":"Entities Conducting Trust Business","identifier":"10","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":263687,"object_type":"structure","relational_id":13001,"identifier":"10","token":"6.2\/II\/10","url":"\/6.2\/II\/10\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13000,"edition_id":1,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":263685,"object_type":"structure","relational_id":13000,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":60351,"structure_id":15663,"section_number":"6.2-1074","catch_line":"Definitions","url":"\/6.2-1074\/","token":"6.2\/II\/10\/5\/6.2-1074","metadata":false},{"id":75783,"structure_id":15663,"section_number":"6.2-1075","catch_line":"Organization; minimum capital; notice to Bureau; control","url":"\/6.2-1075\/","token":"6.2\/II\/10\/5\/6.2-1075","metadata":false},{"id":59929,"structure_id":15663,"section_number":"6.2-1076","catch_line":"Operation and powers","url":"\/6.2-1076\/","token":"6.2\/II\/10\/5\/6.2-1076","metadata":false},{"id":83696,"structure_id":15663,"section_number":"6.2-1077","catch_line":"Reacquisition of shares or interests; dividends","url":"\/6.2-1077\/","token":"6.2\/II\/10\/5\/6.2-1077","metadata":false},{"id":84978,"structure_id":15663,"section_number":"6.2-1078","catch_line":"Offices","url":"\/6.2-1078\/","token":"6.2\/II\/10\/5\/6.2-1078","metadata":false},{"id":81113,"structure_id":15663,"section_number":"6.2-1079","catch_line":"Directors or managers","url":"\/6.2-1079\/","token":"6.2\/II\/10\/5\/6.2-1079","metadata":false},{"id":76122,"structure_id":15663,"section_number":"6.2-1080","catch_line":"Limitation on powers","url":"\/6.2-1080\/","token":"6.2\/II\/10\/5\/6.2-1080","metadata":false}],"previous_section":{"id":83696,"structure_id":15663,"section_number":"6.2-1077","catch_line":"Reacquisition of shares or interests; dividends","url":"\/6.2-1077\/","token":"6.2\/II\/10\/5\/6.2-1077","metadata":false},"next_section":{"id":81113,"structure_id":15663,"section_number":"6.2-1079","catch_line":"Directors or managers","url":"\/6.2-1079\/","token":"6.2\/II\/10\/5\/6.2-1079","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1078\/","history_text":"

This law was first created in 2003. The record of its establishment is cataloged in chapter 910<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":264011,"object_type":"law","relational_id":84978,"identifier":"6.2-1078","token":"6.2\/II\/10\/5\/6.2-1078","url":"\/6.2-1078\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1078\/","token":"6.2\/II\/10\/5\/6.2-1078","dublin_core":{"Title":"Offices","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1078","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The office at which a private trust company<\/span> begins business shall be designated initially as its principal office. The board of directors or managers of a private trust company<\/span> may thereafter redesignate as the principal office another authorized office of the private trust company<\/span> in the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The board of directors or managers of a private trust company<\/span> may designate, and from time to time redesignate, one additional office at which the private trust company<\/span> may conduct business in the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The private trust company<\/span> shall notify the Bureau<\/span> of any such redesignation of its principal office or designation or redesignation of an additional office not later than 30 days before its effective date and shall confirm to the Bureau<\/span> any such designation or redesignation within 10 days of its occurrence. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nOFFICES (\u00a7 6.2-1078)\n\nA. The office at which a private trust company begins business shall be\ndesignated initially as its principal office. The board of directors or managers\nof a private trust company may thereafter redesignate as the principal office\nanother authorized office of the private trust company in the Commonwealth.\n\nB. The board of directors or managers of a private trust company may designate,\nand from time to time redesignate, one additional office at which the private\ntrust company may conduct business in the Commonwealth.\n\nC. The private trust company shall notify the Bureau of any such redesignation\nof its principal office or designation or redesignation of an additional office\nnot later than 30 days before its effective date and shall confirm to the Bureau\nany such designation or redesignation within 10 days of its occurrence.\n\nHISTORY: 2003, c. 910, \u00a7 6.1-32.30:5; 2010, c. 794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}