                                 CODE OF VIRGINIA

NONSEVERABILITY (§ 6.2-1165)

Notwithstanding the provisions of § 1-243, if any portion of this article
pertaining to the terms and conditions for and limitations upon acquisition of
Virginia savings institution holding companies and Virginia savings institutions
by savings institutions and savings institution holding companies that do not
have their principal place of business in the Commonwealth is determined to be
invalid for any reason by a final nonappealable order of any appropriate
Virginia or federal court, then §§ 6.2-1157 through 6.2-1164 shall be void and
of no further effect from the effective date of such order. Any transaction that
has been lawfully consummated pursuant to this article prior to a determination
of invalidity shall be unaffected by such determination.

HISTORY: 1985, c. 425, § 6.1-194.106; 1994, c. 353; 2010, c. 794.