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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>67335</law_id><section_number>6.2-710</section_number><catch_line>Regulations excluding financial institution holding companies from this chapter</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="7">Acquisitions of Interests in Financial Institutions</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> may adopt regulations excluding financial institution holding companies from the provisions of this chapter, under conditions comparable to those provided in either the Bank Holding Company Act of 1956 (12 U.S.C. &#xA7;&#xA0;1841 et seq.) or Section 10 of the Home Owners&#x2019; Loan Act (12 U.S.C. &#xA7;&#xA0;1467a et seq.), when control of a <span class="dictionary">Virginia financial institution</span> arises (i) out of the acquisition of shares in a fiduciary capacity, (ii) in connection with an underwriting of securities or proxy solicitation, or (iii) in connection with securing or collecting a debt.</p></section></text><history>1978, c. 683, &#xA7; 6.1-387; 1984, c. 335; 2010, c. 794.</history><metadata></metadata></law>
