Virginia Code 6.2-845: Additional branches.
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An out-of-state bank that has established or acquired a branch in the Commonwealth under this article may establish or acquire additional branches in the Commonwealth to the same extent that any bank, whose home state is the Commonwealth, may establish or acquire a branch in the Commonwealth under applicable federal and state law.
Terms Used In Virginia Code 6.2-845
- Bank: has the meaning assigned to it in Virginia Code 6.2-836
- Home state: means :
1. See Virginia Code 6.2-836
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245