Article 3 Trust Subsidiaries
This article is comprised of the following sections:
- §6.2-1047 Definitions
- §6.2-1048 Organization of subsidiary trust companies
- §6.2-1049 Permissible business
- §6.2-1050 Directors
- §6.2-1051 Report to Commission of election of director
- §6.2-1052 Removal of director or officer; appeals; penalty
- §6.2-1053 Bonds required of officers and employees; blanket bond
- §6.2-1054 Certificate required
- §6.2-1055 Trust offices
- §6.2-1056 When security not required of trust subsidiaries
- §6.2-1057 Deposits held or received by trust subsidiaries or subsidiary bank with affiliate banks
- §6.2-1058 Substitution of trust subsidiary as fiduciary
- §6.2-1059 Substitution of subsidiary bank as fiduciary
- §6.2-1060 Trust subsidiaries to have same powers and restrictions as bank trust departments
- §6.2-1061 Reports; investigations and examinations; civil penalties
- §6.2-1062 Offenses by officer, director, agent or employee of trust subsidiary; penalties
- §6.2-1063 Officers, directors, agents and employees violating or causing trust subsidiary to violate laws; civil liability not affected
- §6.2-1064 Civil penalties for violation of Commission’s orders