                                 CODE OF VIRGINIA

REGISTRATION; AUTHORITY TO TRANSACT BUSINESS (§ 6.2-702)

Every person that controls one or more Virginia financial institutions (i) shall
register with the Commission in accordance with procedures established by the
Commission within 180 days after the date the person acquires control of a
Virginia financial institution, unless the Commission allows additional time,
and (ii) unless such person is a corporation chartered under the laws of
Virginia, shall obtain a certificate of authority to transact business in the
Commonwealth in accordance with § 13.1-757.

HISTORY: 1978, c. 683, § 6.1-382; 1985, c. 544; 2010, c. 794.