{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-855.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-855.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-855.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-855.html"}],"law_id":60491,"edition_id":1,"section_id":60491,"structure_id":15562,"section_number":"6.2-855","catch_line":"Examinations and periodic reports","history":"1995, c. 301, \u00a7 6.1-44.22; 2010, c. 794.","full_text":"A\n\nThe Commission may make such examinations of any branch of an out-of-state state bank located in the Commonwealth as the Commission may deem necessary to determine whether the branch is operating in compliance with the laws of the Commonwealth and to ensure that the branch is being operated in a safe and sound manner. The provisions of § 6.2-901 shall apply to such examinations.B\n\nThe Commission may require periodic reports from any out-of-state bank that maintains a branch in the Commonwealth to the extent such reporting requirements (i) apply equally to similarly situated banks having the Commonwealth as their home state and (ii) are not preempted by federal law. Such reports shall be filed under oath with such frequency and in such scope and detail as may be appropriate for the purpose of assuring continuing compliance with the provisions of this article.","order_by":null,"text":{"0":{"id":221171,"text":"The Commission may make such examinations of any branch of an out-of-state state bank located in the Commonwealth as the Commission may deem necessary to determine whether the branch is operating in compliance with the laws of the Commonwealth and to ensure that the branch is being operated in a safe and sound manner. The provisions of § 6.2-901 shall apply to such examinations.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":221172,"text":"The Commission may require periodic reports from any out-of-state bank that maintains a branch in the Commonwealth to the extent such reporting requirements (i) apply equally to similarly situated banks having the Commonwealth as their home state and (ii) are not preempted by federal law. Such reports shall be filed under oath with such frequency and in such scope and detail as may be appropriate for the purpose of assuring continuing compliance with the provisions of this article.","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 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":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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-855\/","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":[{"id":63679,"section_number":"6.2-901","catch_line":"Assistance in making examinations","order_by":null,"url":"\/6.2-901\/"}],"permalink":{"id":265581,"object_type":"law","relational_id":60491,"identifier":"6.2-855","token":"6.2\/II\/8\/7\/6.2-855","url":"\/6.2-855\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-855\/","token":"6.2\/II\/8\/7\/6.2-855","dublin_core":{"Title":"Examinations and periodic reports","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-855","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Commission<\/span> may make such examinations of any branch of an out-of-state state bank<\/span> located in the Commonwealth as the Commission<\/span> may deem necessary to determine whether the branch is operating in compliance with the laws<\/span> of the Commonwealth and to ensure that the branch is being operated in a safe and sound manner. The provisions of § 6.2-901<\/a> shall apply to such examinations. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Commission<\/span> may require periodic reports from any out-of-state bank<\/span> that maintains a branch in the Commonwealth to the extent such reporting requirements (i) apply equally to similarly situated banks<\/span> having the Commonwealth as their home state and (ii) are not preempted by federal law<\/span>. Such reports shall be filed under oath<\/span> with such frequency and in such scope and detail as may be appropriate for the purpose of assuring continuing compliance with the provisions of this article. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXAMINATIONS AND PERIODIC REPORTS (\u00a7 6.2-855)\n\nA. The Commission may make such examinations of any branch of an out-of-state\nstate bank located in the Commonwealth as the Commission may deem necessary to\ndetermine whether the branch is operating in compliance with the laws of the\nCommonwealth and to ensure that the branch is being operated in a safe and sound\nmanner. The provisions of § 6.2-901 shall apply to such examinations.\n\nB. The Commission may require periodic reports from any out-of-state bank that\nmaintains a branch in the Commonwealth to the extent such reporting requirements\n(i) apply equally to similarly situated banks having the Commonwealth as their\nhome state and (ii) are not preempted by federal law. Such reports shall be\nfiled under oath with such frequency and in such scope and detail as may be\nappropriate for the purpose of assuring continuing compliance with the\nprovisions of this article.\n\nHISTORY: 1995, c. 301, \u00a7 6.1-44.22; 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}}