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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>57271</law_id><section_number>6.2-1191</section_number><catch_line>General supervisory powers of Commission</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>6.2-1161</reference></referred_to_by><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="11">Savings Institutions</unit><unit label="article" level="4" order_by="1" identifier="9">Supervision</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> shall have general supervisory powers with respect to all <span class="dictionary">state associations</span>, <span class="dictionary">state savings banks</span> and their holding companies, <span class="dictionary">foreign savings institutions</span> transacting business in the Commonwealth, <span class="dictionary">savings institution</span> holding companies whose principal place of business is located in the Commonwealth, <span class="dictionary">service corporations</span> that are owned or controlled by one or more <span class="dictionary">state savings banks</span>, <span class="dictionary">service corporations</span> the principal offices of which are located in the Commonwealth or that are owned or controlled by one or more <span class="dictionary">state associations</span>, and any other <span class="dictionary">person</span> who is subject to the provisions of this chapter.</p></section></text><history>1985, c. 425, &#xA7; 6.1-194.73; 1991, c. 230, &#xA7; 6.1-194.139; 2010, c. 794.</history><metadata></metadata></law>
