                                 CODE OF VIRGINIA

CONDITIONS FOR INTERSTATE MERGER (§ 6.2-853)

An interstate merger transaction involving a Virginia bank shall not be
consummated, and any out-of-state bank resulting from such a merger shall not
operate any branch in the Commonwealth, if the Commission finds that the laws of
the home state of any out-of-state bank involved in the interstate merger
transaction do not permit interstate merger transactions or finds that the
resulting out-of-state bank has not complied with all applicable requirements of
any law of the Commonwealth.

HISTORY: 1995, c. 301, § 6.1-44.20; 2010, c. 794.