                                 CODE OF VIRGINIA

OPERATION OF BRANCH OFFICE UNDER DIFFERENT NAME; CIVIL PENALTY (§ 6.2-834)

A. No branch office shall be operated or advertised under any other name than
that of the identical name of the bank, unless (i) permission is first obtained
from the Commission and (ii) the different name shall contain or have added
thereto language clearly indicating that it is a branch office of the bank or a
division of the bank.

B. The Commission may impose a civil penalty not exceeding $2,000 upon any bank
that it determines, in proceedings commenced in accordance with the
Commission&#8217;s Rules, has violated the provisions of this section.

HISTORY: Code 1950, §§ 6-28, 6-29; 1966, c. 584, §§ 6.1-41, 6.1-113; 1979,
c. 59; 1987, c. 556; 1992, c. 136; 1994, c. 7; 2010, c. 794; 2018, cc. 130, 266.