{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-837.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-837.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-837.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-837.html"}],"law_id":73573,"edition_id":1,"section_id":73573,"structure_id":14063,"section_number":"6.2-837","catch_line":"Interstate branching by Virginia state banks","history":"1995, c. 301, \u00a7 6.1-44.3; 2010, c. 794; 2014, c. 200.","full_text":"A\n\nWith the prior approval of the Commission, any Virginia state bank may establish and maintain a de novo branch or acquire a branch in a state other than the Commonwealth.B\n\nA Virginia state bank desiring to establish and maintain a branch in another state under this section shall file an application on a form prescribed by the Commission and pay the branch application fee set forth in § 6.2-908. If the Commission finds that the applicant has the financial resources sufficient to undertake the proposed expansion without adversely affecting its soundness and that the laws of the host state permit the establishment of the branch, it may approve the application. The bank may establish the branch when it has received the written approval of the Commission.","order_by":null,"text":{"0":{"id":264685,"text":"With the prior approval of the Commission, any Virginia state bank may establish and maintain a de novo branch or acquire a branch in a state other than the Commonwealth.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":264686,"text":"A Virginia state bank desiring to establish and maintain a branch in another state under this section shall file an application on a form prescribed by the Commission and pay the branch application fee set forth in § 6.2-908. If the Commission finds that the applicant has the financial resources sufficient to undertake the proposed expansion without adversely affecting its soundness and that the laws of the host state permit the establishment of the branch, it may approve the application. The bank may establish the branch when it has received the written approval of the Commission.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14063,"edition_id":1,"name":"Interstate Branching","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:46:45","date_modified":"2026-06-26 03:46:45","permalink":{"id":265501,"object_type":"structure","relational_id":14063,"identifier":"6","token":"6.2\/II\/8\/6","url":"\/6.2\/II\/8\/6\/","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":58856,"structure_id":14063,"section_number":"6.2-836","catch_line":"Definitions","url":"\/6.2-836\/","token":"6.2\/II\/8\/6\/6.2-836","metadata":false},{"id":73573,"structure_id":14063,"section_number":"6.2-837","catch_line":"Interstate branching by Virginia state banks","url":"\/6.2-837\/","token":"6.2\/II\/8\/6\/6.2-837","metadata":false},{"id":74198,"structure_id":14063,"section_number":"6.2-838","catch_line":"Interstate branching","url":"\/6.2-838\/","token":"6.2\/II\/8\/6\/6.2-838","metadata":false},{"id":79144,"structure_id":14063,"section_number":"6.2-839","catch_line":"Interstate branching through the acquisition of a branch","url":"\/6.2-839\/","token":"6.2\/II\/8\/6\/6.2-839","metadata":false},{"id":77286,"structure_id":14063,"section_number":"6.2-840","catch_line":"Filing requirements","url":"\/6.2-840\/","token":"6.2\/II\/8\/6\/6.2-840","metadata":false},{"id":66896,"structure_id":14063,"section_number":"6.2-841","catch_line":"Repealed","url":"\/6.2-841\/","token":"6.2\/II\/8\/6\/6.2-841","metadata":false},{"id":79695,"structure_id":14063,"section_number":"6.2-842","catch_line":"Powers","url":"\/6.2-842\/","token":"6.2\/II\/8\/6\/6.2-842","metadata":false},{"id":55167,"structure_id":14063,"section_number":"6.2-843","catch_line":"Examination; periodic reports; cooperative agreements; assessment of fees","url":"\/6.2-843\/","token":"6.2\/II\/8\/6\/6.2-843","metadata":false},{"id":62666,"structure_id":14063,"section_number":"6.2-844","catch_line":"Enforcement","url":"\/6.2-844\/","token":"6.2\/II\/8\/6\/6.2-844","metadata":false},{"id":68833,"structure_id":14063,"section_number":"6.2-845","catch_line":"Additional branches","url":"\/6.2-845\/","token":"6.2\/II\/8\/6\/6.2-845","metadata":false},{"id":62254,"structure_id":14063,"section_number":"6.2-846","catch_line":"Regulations; fees","url":"\/6.2-846\/","token":"6.2\/II\/8\/6\/6.2-846","metadata":false},{"id":63954,"structure_id":14063,"section_number":"6.2-847","catch_line":"Notice of subsequent merger or other transaction","url":"\/6.2-847\/","token":"6.2\/II\/8\/6\/6.2-847","metadata":false},{"id":70544,"structure_id":14063,"section_number":"6.2-848","catch_line":"Repealed","url":"\/6.2-848\/","token":"6.2\/II\/8\/6\/6.2-848","metadata":false}],"previous_section":{"id":58856,"structure_id":14063,"section_number":"6.2-836","catch_line":"Definitions","url":"\/6.2-836\/","token":"6.2\/II\/8\/6\/6.2-836","metadata":false},"next_section":{"id":74198,"structure_id":14063,"section_number":"6.2-838","catch_line":"Interstate branching","url":"\/6.2-838\/","token":"6.2\/II\/8\/6\/6.2-838","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-837\/","history_text":"

This law was first created in 1995. The record of its establishment is cataloged in chapter 301<\/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 2 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 2010, chapter 794<\/a>; in 2014, chapter 200<\/a>.<\/p>","references":false,"refers_to":[{"id":62085,"section_number":"6.2-908","catch_line":"Fees for supervision and regulation and for certain examinations and investigations","order_by":null,"url":"\/6.2-908\/"}],"permalink":{"id":265507,"object_type":"law","relational_id":73573,"identifier":"6.2-837","token":"6.2\/II\/8\/6\/6.2-837","url":"\/6.2-837\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-837\/","token":"6.2\/II\/8\/6\/6.2-837","dublin_core":{"Title":"Interstate branching by Virginia state banks","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-837","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> With the prior approval of the Commission<\/span>, any Virginia state bank<\/span> may establish and maintain a de novo branch<\/span> or acquire a branch in a state other than the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A Virginia state bank<\/span> desiring to establish and maintain a branch in another state under this section shall file an application on a form prescribed by the Commission<\/span> and pay the branch application fee set forth in § 6.2-908<\/a>. If the Commission<\/span> finds that the applicant has the financial resources sufficient to undertake the proposed expansion without adversely affecting its soundness and that the laws<\/span> of the host state<\/span> permit the establishment of the branch, it may approve the application. The bank may establish the branch when it has received the written approval of the Commission<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nINTERSTATE BRANCHING BY VIRGINIA STATE BANKS (\u00a7 6.2-837)\n\nA. With the prior approval of the Commission, any Virginia state bank may\nestablish and maintain a de novo branch or acquire a branch in a state other\nthan the Commonwealth.\n\nB. A Virginia state bank desiring to establish and maintain a branch in another\nstate under this section shall file an application on a form prescribed by the\nCommission and pay the branch application fee set forth in § 6.2-908. If\nthe Commission finds that the applicant has the financial resources sufficient\nto undertake the proposed expansion without adversely affecting its soundness\nand that the laws of the host state permit the establishment of the branch, it\nmay approve the application. The bank may establish the branch when it has\nreceived the written approval of the Commission.\n\nHISTORY: 1995, c. 301, \u00a7 6.1-44.3; 2010, c. 794; 2014, c. 200.","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}}