{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-842.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-842.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-842.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-842.html"}],"law_id":79695,"edition_id":1,"section_id":79695,"structure_id":14063,"section_number":"6.2-842","catch_line":"Powers","history":"1995, c. 301, \u00a7 6.1-44.8; 2007, c. 1; 2010, c. 794.","full_text":"A\n\nAn out-of-state state bank that establishes and maintains one or more branches in the Commonwealth under this article may conduct the same activities at such branch or branches that are authorized under Virginia law for Virginia state banks, except to the extent such activities may be prohibited by other laws, regulations, or orders applicable to the out-of-state state bank.B\n\nA Virginia state bank may conduct the same activities at a branch outside the Commonwealth that are permissible for a bank chartered by the host state where the branch is located, except to the extent such activities are expressly prohibited by other laws, regulations, or orders applicable to the Virginia state bank.C\n\nA bank shall not establish or maintain a branch in the Commonwealth on the premises or property of an affiliate if the affiliate engages in commercial activities.","order_by":null,"text":{"0":{"id":285587,"text":"An out-of-state state bank that establishes and maintains one or more branches in the Commonwealth under this article may conduct the same activities at such branch or branches that are authorized under Virginia law for Virginia state banks, except to the extent such activities may be prohibited by other laws, regulations, or orders applicable to the out-of-state state bank.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":285588,"text":"A Virginia state bank may conduct the same activities at a branch outside the Commonwealth that are permissible for a bank chartered by the host state where the branch is located, except to the extent such activities are expressly prohibited by other laws, regulations, or orders applicable to the Virginia state bank.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":285589,"text":"A bank shall not establish or maintain a branch in the Commonwealth on the premises or property of an affiliate if the affiliate engages in commercial activities.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"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 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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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-842\/","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 2007, chapter 1<\/a>; in 2010, chapter 794<\/a>.<\/p>","references":[{"id":58574,"section_number":"6.2-831","catch_line":"Establishment of branch banks; redesignation of main office","order_by":null,"url":"\/6.2-831\/"}],"refers_to":false,"permalink":{"id":265527,"object_type":"law","relational_id":79695,"identifier":"6.2-842","token":"6.2\/II\/8\/6\/6.2-842","url":"\/6.2-842\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-842\/","token":"6.2\/II\/8\/6\/6.2-842","dublin_core":{"Title":"Powers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-842","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> An out-of-state state bank<\/span> that establishes and maintains one or more branches in the Commonwealth under this article may conduct the same activities at such branch or branches that are authorized under Virginia law<\/span> for Virginia state banks<\/span>, except to the extent such activities may be prohibited by other laws<\/span>, regulations, or orders<\/span> applicable to the out-of-state state bank<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A Virginia state bank<\/span> may conduct the same activities at a branch outside the Commonwealth that are permissible for a bank chartered by the host state<\/span> where the branch is located, except to the extent such activities are expressly prohibited by other laws<\/span>, regulations, or orders<\/span> applicable to the Virginia state bank<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A bank shall not establish or maintain a branch in the Commonwealth on the premises or property of an affiliate if the affiliate engages in commercial activities<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOWERS (\u00a7 6.2-842)\n\nA. An out-of-state state bank that establishes and maintains one or more\nbranches in the Commonwealth under this article may conduct the same activities\nat such branch or branches that are authorized under Virginia law for Virginia\nstate banks, except to the extent such activities may be prohibited by other\nlaws, regulations, or orders applicable to the out-of-state state bank.\n\nB. A Virginia state bank may conduct the same activities at a branch outside the\nCommonwealth that are permissible for a bank chartered by the host state where\nthe branch is located, except to the extent such activities are expressly\nprohibited by other laws, regulations, or orders applicable to the Virginia\nstate bank.\n\nC. A bank shall not establish or maintain a branch in the Commonwealth on the\npremises or property of an affiliate if the affiliate engages in commercial\nactivities.\n\nHISTORY: 1995, c. 301, \u00a7 6.1-44.8; 2007, c. 1; 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}}