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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>80043</law_id><section_number>6.2-1025</section_number><catch_line>Report to Commission of election of director</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="1" identifier="10">Entities Conducting Trust Business</unit><unit label="article" level="4" order_by="1" identifier="2">Trust Companies</unit></structure><text>
						<section><p>Within 60 days following the election or reelection of any <span class="dictionary">person</span> as a director of a <span class="dictionary">trust company</span>, the <span class="dictionary">trust company</span> shall furnish such information to the <span class="dictionary">Commission</span> relative to his personal character, integrity, financial condition, and personal and business background as the <span class="dictionary">Commission</span> shall from time to time prescribe. Such report, under <span class="dictionary">oath</span>, shall be signed by the director as well as a designated officer of the <span class="dictionary">trust company</span>. Any <span class="dictionary">person</span> knowingly making a false statement in such a report is guilty of <span class="dictionary">perjury</span>.</p></section></text><history>1968, c. 606, &#xA7; 6.1-48.1; 1974, c. 665, &#xA7; 6.1-51.1; 1992, c. 552; 1994, c. 105; 2010, c. 794.</history><metadata></metadata></law>
