                                 CODE OF VIRGINIA

REGULATIONS EXCLUDING FINANCIAL INSTITUTION HOLDING COMPANIES FROM THIS CHAPTER
(§ 6.2-710)

The Commission may adopt regulations excluding financial institution holding
companies from the provisions of this chapter, under conditions comparable to
those provided in either the Bank Holding Company Act of 1956 (12 U.S.C. § 1841
et seq.) or Section 10 of the Home Owners&#8217; Loan Act (12 U.S.C. § 1467a et
seq.), when control of a Virginia financial institution arises (i) out of the
acquisition of shares in a fiduciary capacity, (ii) in connection with an
underwriting of securities or proxy solicitation, or (iii) in connection with
securing or collecting a debt.

HISTORY: 1978, c. 683, § 6.1-387; 1984, c. 335; 2010, c. 794.