Virginia Code 6.2-833: Bank agent for depository institution.
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A bank may act as the agent of any other depository institution in receiving deposits and providing other services without being deemed a branch of such other depository institution.
Terms Used In Virginia Code 6.2-833
- Bank: means a corporation authorized by statute to accept deposits and to hold itself out to the public as engaged in the banking business in the Commonwealth. See Virginia Code 6.2-800