Article 6 Trust Powers of Savings Institutions

This article is comprised of the following sections:
  • §6.2-1081 Definitions
  • §6.2-1082 Applications for permission to offer trust services
  • §6.2-1083 Commission to issue certificate; powers of associations authorized to offer trust services
  • §6.2-1084 Continuation of trust powers in the event of consolidation or merger of two or more associations
  • §6.2-1085 When security not required
  • §6.2-1086 Association’s operation and supervision of trust department
  • §6.2-1087 Books and accounts
  • §6.2-1088 Investment of funds and assets held as fiduciary
  • §6.2-1089 Funds awaiting investment or distribution
  • §6.2-1090 Dealings with self or affiliates
  • §6.2-1091 Voting of financial institution stock held by association as fiduciary; when association disqualified from voting
  • §6.2-1092 Transactions between trust accounts
  • §6.2-1093 Custody of assets and investments held in trust
  • §6.2-1094 Establishment of common trust funds and collective investment funds; court accountings
  • §6.2-1095 Compensation of association acting as fiduciary
  • §6.2-1096 Surrender of trust powers by association
  • §6.2-1097 Effect on trust accounts of appointment of receiver for association or of voluntary dissolution of association
  • §6.2-1098 Revocation of trust powers
  • §6.2-1099 Trust powers of state savings banks