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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>71760</law_id><section_number>6.2-1034</section_number><catch_line>Regulations</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>The <span class="dictionary">Commission</span> may adopt such regulations as it deems appropriate to effect the purposes of this article. Before adopting any such regulation, the <span class="dictionary">Commission</span> shall give reasonable notice of its content and shall afford interested parties an opportunity to be heard in accordance with the <span class="dictionary">Commission</span>&#x2019;s Rules. In adopting regulations applicable to affiliated trust companies, the <span class="dictionary">Commission</span> shall be guided, where appropriate, by those standards and requirements concerning self-dealing and conflicts of interests that apply to banks, bank holding companies, and their subsidiaries when engaged in both trust and securities activities.</p></section></text><history>1993, c. 432, &#xA7; 6.1-32.26; 1995, c. 140; 2010, c. 794.</history><metadata></metadata></law>
