{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-804.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-804.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-804.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-804.html"}],"law_id":67901,"edition_id":1,"section_id":67901,"structure_id":15241,"section_number":"6.2-804","catch_line":"Amendment of powers of state banks by regulation of the Commission","history":"1968, c. 325, \u00a7 6.1-5.1; 1975, c. 81; 1987, c. 556; 1997, c. 111; 2010, c. 794.","full_text":"A\n\nIn addition to the powers specifically granted to banks by the provisions of this chapter, the Commission may by regulation amend the powers of state banks so as to allow such state banks to engage in any activity in which a bank subject to the jurisdiction of the federal government may be authorized by federal legislation or regulation to engage.B\n\nThe Commission, by regulation, may specify the activities that are permitted to be conducted at a location that is not authorized as a branch under § 6.2-831, in order to allow a state bank to engage in any activity in which a bank subject to the jurisdiction of the federal government may engage at a location other than a branch.C\n\nRegulations authorized by this section shall be adopted as provided in the Commission’s Rules.","order_by":null,"text":{"0":{"id":245940,"text":"In addition to the powers specifically granted to banks by the provisions of this chapter, the Commission may by regulation amend the powers of state banks so as to allow such state banks to engage in any activity in which a bank subject to the jurisdiction of the federal government may be authorized by federal legislation or regulation to engage.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":245941,"text":"The Commission, by regulation, may specify the activities that are permitted to be conducted at a location that is not authorized as a branch under § 6.2-831, in order to allow a state bank to engage in any activity in which a bank subject to the jurisdiction of the federal government may engage at a location other than a branch.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":245942,"text":"Regulations authorized by this section shall be adopted as provided in the Commission’s Rules.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":15241,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:53:15","date_modified":"2026-06-26 03:53:15","permalink":{"id":265067,"object_type":"structure","relational_id":15241,"identifier":"1","token":"6.2\/II\/8\/1","url":"\/6.2\/II\/8\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13791,"edition_id":1,"name":"Banks","identifier":"8","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:53","date_modified":"2026-06-26 03:45:53","permalink":{"id":265065,"object_type":"structure","relational_id":13791,"identifier":"8","token":"6.2\/II\/8","url":"\/6.2\/II\/8\/","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":86656,"structure_id":15241,"section_number":"6.2-800","catch_line":"Definitions","url":"\/6.2-800\/","token":"6.2\/II\/8\/1\/6.2-800","metadata":false},{"id":76477,"structure_id":15241,"section_number":"6.2-801","catch_line":"Application of chapter","url":"\/6.2-801\/","token":"6.2\/II\/8\/1\/6.2-801","metadata":false},{"id":70709,"structure_id":15241,"section_number":"6.2-802","catch_line":"Effect of chapter on certain banks","url":"\/6.2-802\/","token":"6.2\/II\/8\/1\/6.2-802","metadata":false},{"id":58014,"structure_id":15241,"section_number":"6.2-803","catch_line":"Entities authorized to engage in banking business","url":"\/6.2-803\/","token":"6.2\/II\/8\/1\/6.2-803","metadata":false},{"id":67901,"structure_id":15241,"section_number":"6.2-804","catch_line":"Amendment of powers of state banks by regulation of the Commission","url":"\/6.2-804\/","token":"6.2\/II\/8\/1\/6.2-804","metadata":false},{"id":67968,"structure_id":15241,"section_number":"6.2-805","catch_line":"Commission authorized to confer on state banks power to make charges comparable to those permitted to national banking associations","url":"\/6.2-805\/","token":"6.2\/II\/8\/1\/6.2-805","metadata":false},{"id":76934,"structure_id":15241,"section_number":"6.2-806","catch_line":"Saturday closing of banks","url":"\/6.2-806\/","token":"6.2\/II\/8\/1\/6.2-806","metadata":false},{"id":75537,"structure_id":15241,"section_number":"6.2-807","catch_line":"Discoverability or admissibility of compliance review committee documents","url":"\/6.2-807\/","token":"6.2\/II\/8\/1\/6.2-807","metadata":false}],"previous_section":{"id":58014,"structure_id":15241,"section_number":"6.2-803","catch_line":"Entities authorized to engage in banking business","url":"\/6.2-803\/","token":"6.2\/II\/8\/1\/6.2-803","metadata":false},"next_section":{"id":67968,"structure_id":15241,"section_number":"6.2-805","catch_line":"Commission authorized to confer on state banks power to make charges comparable to those permitted to national banking associations","url":"\/6.2-805\/","token":"6.2\/II\/8\/1\/6.2-805","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-804\/","history_text":"

This law was first created in 1968. The record of its establishment is cataloged in chapter 325 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. Unfortunately, the 1968 \u201cActs\u201d aren\u2019t available online. It has been modified 4 times. 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. Those modifications are as follows: in 1975, chapter 81; in 1987, chapter 556; in 1997, chapter 111<\/a>; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":[{"id":58574,"section_number":"6.2-831","catch_line":"Establishment of branch banks; redesignation of main office","order_by":null,"url":"\/6.2-831\/"}],"permalink":{"id":265085,"object_type":"law","relational_id":67901,"identifier":"6.2-804","token":"6.2\/II\/8\/1\/6.2-804","url":"\/6.2-804\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-804\/","token":"6.2\/II\/8\/1\/6.2-804","dublin_core":{"Title":"Amendment of powers of state banks by regulation of the Commission","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-804","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> In addition to the powers specifically granted to banks by the provisions of this chapter, the Commission<\/span> may by regulation amend<\/span> the powers of state banks<\/span> so as to allow such state banks<\/span> to engage in any activity in which a bank<\/span> subject to the jurisdiction<\/span> of the federal government may be authorized by federal legislation or regulation to engage. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Commission<\/span>, by regulation, may specify the activities that are permitted to be conducted at a location that is not authorized as a branch under § 6.2-831<\/a>, in order<\/span> to allow a state bank<\/span> to engage in any activity in which a bank subject to the jurisdiction<\/span> of the federal government may engage at a location other than a branch. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Regulations authorized by this section shall be adopted as provided in the Commission<\/span>’s Rules. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nAMENDMENT OF POWERS OF STATE BANKS BY REGULATION OF THE COMMISSION (\u00a7 6.2-804)\n\nA. In addition to the powers specifically granted to banks by the provisions of\nthis chapter, the Commission may by regulation amend the powers of state banks\nso as to allow such state banks to engage in any activity in which a bank\nsubject to the jurisdiction of the federal government may be authorized by\nfederal legislation or regulation to engage.\n\nB. The Commission, by regulation, may specify the activities that are permitted\nto be conducted at a location that is not authorized as a branch under §\n6.2-831, in order to allow a state bank to engage in any activity in which a\nbank subject to the jurisdiction of the federal government may engage at a\nlocation other than a branch.\n\nC. Regulations authorized by this section shall be adopted as provided in the\nCommission’s Rules.\n\nHISTORY: 1968, c. 325, \u00a7 6.1-5.1; 1975, c. 81; 1987, c. 556; 1997, c. 111;\n2010, 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}}