Virginia Decodedhttps://vacode.org826246.2-1164Acquisitions of state savings bank or holding companies by out-of-state financial institutions20256.2-1165Financial 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

A state savings bank, or holding company thereof, may not be acquired by a financial institution, or financial institution holding company, whose principal place of business is outside the Commonwealth, except in accordance with the provisions of this article.

1991, c. 230, § 6.1-194.132; 2010, c. 794.