6.1-194.110 - (Repealed effective October 1, 2010) Definitions. - Virginia Statutes

§ 6.1-194.110. (Repealed effective October 1, 2010) Definitions.

As used in this article, the following definitions shall apply unless adifferent meaning is required by the context:

"Savings bank" means a savings institution specifically chartered under thelaws of the Commonwealth, another state or a territory of the United States,the District of Columbia, or the United States as a savings bank. The termsavings bank does not include a savings and loan association or building andloan association.

"State savings bank" means a savings bank organized and incorporated underthe provisions of this article. A state savings bank is a savingsinstitution as defined in § 6.1-194.2 and shall be subject to the provisionsof Articles 1 through 11 (§§ 6.1-194.1 through 6.1-194.107) of this chapterapplicable to savings institutions except to the extent such provisions arein conflict with the provisions of this article. Except as otherwise providedin this article, a state savings bank shall not be subject to thoseprovisions of this chapter applicable only to state associations.

"Federal financial institution" means a financial institution incorporatedor organized in accordance with the laws of the United States.

"Financial institution holding company" has the same meaning as set forthin the first paragraph of § 6.1-381.

(1991, c. 230.)