                                 CODE OF VIRGINIA

FORMATION OF STATE SAVINGS INSTITUTIONS (§ 6.2-1115)

A. A stock savings and loan association may be incorporated as provided in the
Virginia Stock Corporation Act (&#xA7; 13.1-601 et seq.). A mutual savings and
loan association may be incorporated as provided in the Virginia Nonstock
Corporation Act (&#xA7; 13.1-801 et seq.).

B. A stock savings bank may be formed by being incorporated as provided in the
Virginia Stock Corporation Act (&#xA7; 13.1-601 et seq.). A mutual savings bank
may be formed by being incorporated as provided in the Virginia Nonstock
Corporation Act (&#xA7; 13.1-801 et seq.).

HISTORY: Code 1950, § 6-201.8; 1960, c. 402; 1966, c. 584, § 6.1-133; 1972, c.
796, § 6.1-195.7; 1985, c. 425, § 6.1-194.9; 1991, c. 230, § 6.1-194.111;
2010, c. 794.