Virginia Decodedhttps://vacode.org794606.2-1155Unapproved foreign savings institutions2025Financial Institutions and ServicesDepository Institutions and Trust OrganizationsSavings InstitutionsForeign Savings Institutions; Acquisitions by Out-Of-State Savings Institutions or Out-Of-State Savings Institution Holding Companies
The Commissioner is authorized to obtain an injunction or to take any other action necessary to prevent any foreign savings institution from doing any business of a savings institution in the Commonwealth without appropriate approval.