{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-854.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-854.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-854.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-854.html"}],"law_id":60674,"edition_id":1,"section_id":60674,"structure_id":15562,"section_number":"6.2-854","catch_line":"Powers","history":"1995, c. 301, \u00a7 6.1-44.21; 2010, c. 794.","full_text":"A\n\nAn out-of-state state bank that establishes and maintains one or more branches in Virginia 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 any activities at any 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.","order_by":null,"text":{"0":{"id":221749,"text":"An out-of-state state bank that establishes and maintains one or more branches in Virginia 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":221750,"text":"A Virginia state bank may conduct any activities at any 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"}},"ancestry":[{"id":15562,"edition_id":1,"name":"Interstate Bank Mergers","identifier":"7","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:56:21","date_modified":"2026-06-26 03:56:21","permalink":{"id":265555,"object_type":"structure","relational_id":15562,"identifier":"7","token":"6.2\/II\/8\/7","url":"\/6.2\/II\/8\/7\/","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 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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":73045,"structure_id":15562,"section_number":"6.2-849","catch_line":"Definitions","url":"\/6.2-849\/","token":"6.2\/II\/8\/7\/6.2-849","metadata":false},{"id":75360,"structure_id":15562,"section_number":"6.2-850","catch_line":"Authority to branch outside the Commonwealth by merger","url":"\/6.2-850\/","token":"6.2\/II\/8\/7\/6.2-850","metadata":false},{"id":59364,"structure_id":15562,"section_number":"6.2-851","catch_line":"Interstate merger transactions and branching permitted","url":"\/6.2-851\/","token":"6.2\/II\/8\/7\/6.2-851","metadata":false},{"id":60243,"structure_id":15562,"section_number":"6.2-852","catch_line":"Filing requirements","url":"\/6.2-852\/","token":"6.2\/II\/8\/7\/6.2-852","metadata":false},{"id":70722,"structure_id":15562,"section_number":"6.2-853","catch_line":"Conditions for interstate merger","url":"\/6.2-853\/","token":"6.2\/II\/8\/7\/6.2-853","metadata":false},{"id":60674,"structure_id":15562,"section_number":"6.2-854","catch_line":"Powers","url":"\/6.2-854\/","token":"6.2\/II\/8\/7\/6.2-854","metadata":false},{"id":60491,"structure_id":15562,"section_number":"6.2-855","catch_line":"Examinations and periodic reports","url":"\/6.2-855\/","token":"6.2\/II\/8\/7\/6.2-855","metadata":false},{"id":66191,"structure_id":15562,"section_number":"6.2-856","catch_line":"Cooperative agreements; assessment of fees","url":"\/6.2-856\/","token":"6.2\/II\/8\/7\/6.2-856","metadata":false},{"id":78755,"structure_id":15562,"section_number":"6.2-857","catch_line":"Enforcement","url":"\/6.2-857\/","token":"6.2\/II\/8\/7\/6.2-857","metadata":false},{"id":73754,"structure_id":15562,"section_number":"6.2-858","catch_line":"Regulations; fees","url":"\/6.2-858\/","token":"6.2\/II\/8\/7\/6.2-858","metadata":false},{"id":79385,"structure_id":15562,"section_number":"6.2-859","catch_line":"Notice of subsequent merger","url":"\/6.2-859\/","token":"6.2\/II\/8\/7\/6.2-859","metadata":false}],"previous_section":{"id":70722,"structure_id":15562,"section_number":"6.2-853","catch_line":"Conditions for interstate merger","url":"\/6.2-853\/","token":"6.2\/II\/8\/7\/6.2-853","metadata":false},"next_section":{"id":60491,"structure_id":15562,"section_number":"6.2-855","catch_line":"Examinations and periodic reports","url":"\/6.2-855\/","token":"6.2\/II\/8\/7\/6.2-855","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-854\/","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 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":265577,"object_type":"law","relational_id":60674,"identifier":"6.2-854","token":"6.2\/II\/8\/7\/6.2-854","url":"\/6.2-854\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-854\/","token":"6.2\/II\/8\/7\/6.2-854","dublin_core":{"Title":"Powers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-854","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 Virginia 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 any activities at any 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<\/span>, regulations, or orders<\/span> applicable to the Virginia state bank<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOWERS (\u00a7 6.2-854)\n\nA. An out-of-state state bank that establishes and maintains one or more\nbranches in Virginia under this article may conduct the same activities at such\nbranch or branches that are authorized under Virginia law for Virginia state\nbanks, except to the extent such activities may be prohibited by other laws,\nregulations, or orders applicable to the out-of-state state bank.\n\nB. A Virginia state bank may conduct any activities at any 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\nHISTORY: 1995, c. 301, \u00a7 6.1-44.21; 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}}