Article 9 Investments and Loans

This article is comprised of the following sections:
  • §6.2-870 Limitation of amount invested in bank premises
  • §6.2-871 Investment in stock or securities of bank service corporations
  • §6.2-872 For what purpose banks may purchase, hold, and convey real estate
  • §6.2-873 Additional permissible investments in real estate
  • §6.2-874 Prohibited uses of bank’s own stock; other investments or loans
  • §6.2-875 Limitations on obligations of borrowers
  • §6.2-876 Loans to executive officers or directors
  • §6.2-877 Overdrafts by bank officer or director
  • §6.2-878 Loans secured by real estate generally
  • §6.2-879 Certain loans not considered loans secured by real estate
  • §6.2-880 Construction loans
  • §6.2-881 Investment in reverse annuity mortgages
  • §6.2-882 Bank borrowing money or rediscounting its notes
  • §6.2-883 Acceptance of drafts or bills of exchange; issuance of letters of credit
  • §6.2-884 Ownership and lease of personal property
  • §6.2-885 Investment in stock or securities of controlled subsidiary corporations
  • §6.2-886 Regulation of controlled subsidiary corporations by Commission
  • §6.2-887 Insurance business of controlled subsidiary
  • §6.2-888 Real estate brokerage business of controlled subsidiary