{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-856.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-856.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-856.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-856.html"}],"law_id":66191,"edition_id":1,"section_id":66191,"structure_id":15562,"section_number":"6.2-856","catch_line":"Cooperative agreements; assessment of fees","history":"1995, c. 301, \u00a7 6.1-44.22; 2010, c. 794.","full_text":"A\n\nThe Commission may enter into cooperative agreements with the appropriate state bank supervisors and federal banking agencies for the examination of any branch in the Commonwealth of an out-of-state state bank, or any branch of a Virginia state bank in any host state, and may accept such agencies’ reports of examination and reports of investigation in lieu of conducting its own examinations or investigations. The Commission may enter into joint actions with other state bank supervisors and federal banking agencies having concurrent jurisdiction over any branch of an out-of-state state bank or any branch of a Virginia state bank, or may take such actions independently to carry out its responsibilities under this article and to assure compliance with the laws of the Commonwealth.B\n\nOut-of-state state banks may be assessed and, if assessed, shall pay supervisory and examination fees in accordance with the laws of the Commonwealth and regulations of the Commission. Such fees may be shared with other state and federal regulators in accordance with agreements between them and the Commission.","order_by":null,"text":{"0":{"id":240437,"text":"The Commission may enter into cooperative agreements with the appropriate state bank supervisors and federal banking agencies for the examination of any branch in the Commonwealth of an out-of-state state bank, or any branch of a Virginia state bank in any host state, and may accept such agencies’ reports of examination and reports of investigation in lieu of conducting its own examinations or investigations. The Commission may enter into joint actions with other state bank supervisors and federal banking agencies having concurrent jurisdiction over any branch of an out-of-state state bank or any branch of a Virginia state bank, or may take such actions independently to carry out its responsibilities under this article and to assure compliance with the laws of the Commonwealth.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":240438,"text":"Out-of-state state banks may be assessed and, if assessed, shall pay supervisory and examination fees in accordance with the laws of the Commonwealth and regulations of the Commission. Such fees may be shared with other state and federal regulators in accordance with agreements between them and the Commission.","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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-856\/","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":265585,"object_type":"law","relational_id":66191,"identifier":"6.2-856","token":"6.2\/II\/8\/7\/6.2-856","url":"\/6.2-856\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-856\/","token":"6.2\/II\/8\/7\/6.2-856","dublin_core":{"Title":"Cooperative agreements; assessment of fees","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-856","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Commission<\/span> may enter into cooperative agreements with the appropriate state bank<\/span> supervisors and federal banking agencies for the examination of any branch in the Commonwealth of an out-of-state state bank<\/span>, or any branch of a Virginia state bank<\/span> in any host state, and may accept such agencies’ reports of examination and reports of investigation in lieu of conducting its own examinations or investigations. The Commission<\/span> may enter into joint actions with other state bank<\/span> supervisors and federal banking agencies having concurrent jurisdiction<\/span> over any branch of an out-of-state state bank<\/span> or any branch of a Virginia state bank<\/span>, or may take such actions independently to carry out its responsibilities under this article and to assure compliance with the laws<\/span> of the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Out-of-state state banks<\/span> may be assessed and, if assessed, shall pay supervisory and examination fees in accordance with the laws<\/span> of the Commonwealth and regulations of the Commission<\/span>. Such fees may be shared with other state and federal regulators in accordance with agreements between them and the Commission<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOOPERATIVE AGREEMENTS; ASSESSMENT OF FEES (\u00a7 6.2-856)\n\nA. The Commission may enter into cooperative agreements with the appropriate\nstate bank supervisors and federal banking agencies for the examination of any\nbranch in the Commonwealth of an out-of-state state bank, or any branch of a\nVirginia state bank in any host state, and may accept such agencies’\nreports of examination and reports of investigation in lieu of conducting its\nown examinations or investigations. The Commission may enter into joint actions\nwith other state bank supervisors and federal banking agencies having concurrent\njurisdiction over any branch of an out-of-state state bank or any branch of a\nVirginia state bank, or may take such actions independently to carry out its\nresponsibilities under this article and to assure compliance with the laws of\nthe Commonwealth.\n\nB. Out-of-state state banks may be assessed and, if assessed, shall pay\nsupervisory and examination fees in accordance with the laws of the Commonwealth\nand regulations of the Commission. Such fees may be shared with other state and\nfederal regulators in accordance with agreements between them and the\nCommission.\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}}