Article 2: Trust Companies

This article is comprised of the following sections:

§6.2-1013 Definitions
§6.2-1014 Certificate required
§6.2-1015 Application for certificate; fee
§6.2-1016 Bond required
§6.2-1017 Procedure for granting or denying certificate
§6.2-1018 Minimum capital; state of incorporation; form of entity
§6.2-1019 Issuance of shares; subscriptions to stock; stock option plans
§6.2-1020 Certain transactions by affiliated trust companies prohibited
§6.2-1021 Commissions or fees for sale of stock not permitted
§6.2-1022 Reacquisition of shares; dividends
§6.2-1023 Acquisition of stock; application
§6.2-1024 Restrictions on control, officers and directors
§6.2-1025 Report to Commission of election of director
§6.2-1026 Removal of director or officer; appeals; penalty
§6.2-1027 Bonds required of officers and employees; blanket bond
§6.2-1028 Offices
§6.2-1029 Directors
§6.2-1030 Discount by officer, director, or employee of refused paper
§6.2-1031 Reports
§6.2-1032 Investigations; examinations
§6.2-1033 Fees
§6.2-1034 Regulations
§6.2-1035 Audits
§6.2-1036 Commission&#8217;s remedial powers
§6.2-1037 Effect of surrender or revocation of certificate
§6.2-1038 Appointment of receiver
§6.2-1039 Engaging in trust business without authority; Commission may examine accounts of suspected person; penalty
§6.2-1040 Unlawful use of terms indicating that business is trust company; penalty
§6.2-1041 Civil penalties for failure to comply with § 6.2-1031 or 6.2-1032
§6.2-1042 Making derogatory statements affecting trust companies; penalty
§6.2-1043 Use of trust company name, logo, or symbol for marketing purposes; penalty
§6.2-1044 Offenses by officer, director, agent or employee of trust company; penalties
§6.2-1045 Officers, directors, agents and employees violating or causing trust company to violate laws; civil liability not affected
§6.2-1046 Civil penalties for violation of Commission&#8217;s orders
