STATE STATUTES & CODES

VIRGINIA STATUTES AND CODES

Chapter 10 - Entities Conducting Trust Business. (6.2-1000 thru 6.2-1099)

• 6.2-1000 - (Effective October 1, 2010) Definitions.
• 6.2-1001 - (Effective October 1, 2010) Entities authorized to engage in trust business.
• 6.2-1002 - (Effective October 1, 2010) Powers of trust institutions.
• 6.2-1003 - (Effective October 1, 2010) When security not required; payment of probate taxes and fees.
• 6.2-1004 - (Effective October 1, 2010) Who may take oath for corporate fiduciary.
• 6.2-1005 - (Effective October 1, 2010) Deposit or other use of trust funds.
• 6.2-1006 - (Effective October 1, 2010) Custody of trust securities to be kept separate; federal securities and obligations.
• 6.2-1007 - (Effective October 1, 2010) Investment of trust funds.
• 6.2-1008 - (Effective October 1, 2010) Dealings with self or affiliates.
• 6.2-1009 - (Effective October 1, 2010) Common trust and collective investment funds.
• 6.2-1010 - (Effective October 1, 2010) Holding stock or other securities as fiduciary.
• 6.2-1011 - (Effective October 1, 2010) Voting of bank shares held by trust institution as fiduciary; when disqualified.
• 6.2-1012 - (Effective October 1, 2010) Suspension or prohibition of trust institutions.
• 6.2-1013 - (Effective October 1, 2010) Definitions.
• 6.2-1014 - (Effective October 1, 2010) Certificate required.
• 6.2-1015 - (Effective October 1, 2010) Application for certificate; fee.
• 6.2-1016 - (Effective October 1, 2010) Bond required.
• 6.2-1017 - (Effective October 1, 2010) Procedure for granting or denying certificate.
• 6.2-1018 - (Effective October 1, 2010) Minimum capital; state of incorporation; form of entity.
• 6.2-1019 - (Effective October 1, 2010) Issuance of shares; subscriptions to stock; stock option plans.
• 6.2-1020 - (Effective October 1, 2010) Certain transactions by affiliated trust companies prohibited.
• 6.2-1021 - (Effective October 1, 2010) Commissions or fees for sale of stock not permitted.
• 6.2-1022 - (Effective October 1, 2010) Reacquisition of shares; dividends.
• 6.2-1023 - (Effective October 1, 2010) Acquisition of stock; application.
• 6.2-1024 - (Effective October 1, 2010) Restrictions on control, officers and directors.
• 6.2-1025 - (Effective October 1, 2010) Report to Commission of election of director.
• 6.2-1026 - (Effective October 1, 2010) Removal of director or officer; appeals; penalty.
• 6.2-1027 - (Effective October 1, 2010) Bonds required of officers and employees; blanket bond.
• 6.2-1028 - (Effective October 1, 2010) Offices.
• 6.2-1029 - (Effective October 1, 2010) Directors.
• 6.2-1030 - (Effective October 1, 2010) Discount by officer, director, or employee of refused paper.
• 6.2-1031 - (Effective October 1, 2010) Reports.
• 6.2-1032 - (Effective October 1, 2010) Investigations; examinations.
• 6.2-1033 - (Effective October 1, 2010) Fees.
• 6.2-1034 - (Effective October 1, 2010) Regulations.
• 6.2-1035 - (Effective October 1, 2010) Audits.
• 6.2-1036 - (Effective October 1, 2010) Commission's remedial powers.
• 6.2-1037 - (Effective October 1, 2010) Effect of surrender or revocation of certificate.
• 6.2-1038 - (Effective October 1, 2010) Appointment of receiver.
• 6.2-1039 - (Effective October 1, 2010) Engaging in trust business without authority; Commission may examine accounts of suspected person; penalty.
• 6.2-1040 - (Effective October 1, 2010) Unlawful use of terms indicating that business is trust company; penalty.
• 6.2-1041 - (Effective October 1, 2010) Civil penalties for failure to comply with § 6.2-1031 or 6.2-1032.
• 6.2-1042 - (Effective October 1, 2010) Making derogatory statements affecting trust companies; penalty.
• 6.2-1043 - (Effective October 1, 2010) Use of trust company name, logo, or symbol for marketing purposes; penalty.
• 6.2-1044 - (Effective October 1, 2010) Offenses by officer, director, agent or employee of trust company; penalties.
• 6.2-1045 - (Effective October 1, 2010) Officers, directors, agents and employees violating or causing trust company to violate laws; civil liability not affected.
• 6.2-1046 - (Effective October 1, 2010) Civil penalties for violation of Commission's orders.
• 6.2-1047 - (Effective October 1, 2010) Definitions.
• 6.2-1048 - (Effective October 1, 2010) Organization of subsidiary trust companies.
• 6.2-1049 - (Effective October 1, 2010) Permissible business.
• 6.2-1050 - (Effective October 1, 2010) Directors.
• 6.2-1051 - (Effective October 1, 2010) Report to Commission of election of director.
• 6.2-1052 - (Effective October 1, 2010) Removal of director or officer; appeals; penalty.
• 6.2-1053 - (Effective October 1, 2010) Bonds required of officers and employees; blanket bond.
• 6.2-1054 - (Effective October 1, 2010) Certificate required.
• 6.2-1055 - (Effective October 1, 2010) Trust offices.
• 6.2-1056 - (Effective October 1, 2010) When security not required of trust subsidiaries.
• 6.2-1057 - (Effective October 1, 2010) Deposits held or received by trust subsidiaries or subsidiary bank with affiliate banks.
• 6.2-1058 - (Effective October 1, 2010) Substitution of trust subsidiary as fiduciary.
• 6.2-1059 - (Effective October 1, 2010) Substitution of subsidiary bank under common ownership as fiduciary.
• 6.2-1060 - (Effective October 1, 2010) Trust subsidiaries to have same powers and restrictions as bank trust departments.
• 6.2-1061 - (Effective October 1, 2010) Reports; investigations and examinations; civil penalties.
• 6.2-1062 - (Effective October 1, 2010) Offenses by officer, director, agent or employee of trust subsidiary; penalties.
• 6.2-1063 - (Effective October 1, 2010) Officers, directors, agents and employees violating or causing trust subsidiary to violate laws; civil liability not affected.
• 6.2-1064 - (Effective October 1, 2010) Civil penalties for violation of Commission's orders.
• 6.2-1065 - (Effective October 1, 2010) Definitions.
• 6.2-1066 - (Effective October 1, 2010) Interstate trust offices by Virginia state banks.
• 6.2-1067 - (Effective October 1, 2010) Trust business of out-of-state trust institution.
• 6.2-1068 - (Effective October 1, 2010) Establishing or acquiring an interstate trust office; additional trust offices; notice of closure.
• 6.2-1069 - (Effective October 1, 2010) Filing requirements.
• 6.2-1070 - (Effective October 1, 2010) Conditions for approval.
• 6.2-1071 - (Effective October 1, 2010) Examinations; periodic reports; cooperative agreements; assessment of fees.
• 6.2-1072 - (Effective October 1, 2010) Enforcement.
• 6.2-1073 - (Effective October 1, 2010) Regulations; fees.
• 6.2-1074 - (Effective October 1, 2010) Definitions.
• 6.2-1075 - (Effective October 1, 2010) Organization; minimum capital; notice to Bureau; control.
• 6.2-1076 - (Effective October 1, 2010) Operation and powers.
• 6.2-1077 - (Effective October 1, 2010) Reacquisition of shares or interests; dividends.
• 6.2-1078 - (Effective October 1, 2010) Offices.
• 6.2-1079 - (Effective October 1, 2010) Directors or managers.
• 6.2-1080 - (Effective October 1, 2010) Limitation on powers.
• 6.2-1081 - (Effective October 1, 2010) Definitions.
• 6.2-1082 - (Effective October 1, 2010) Applications for permission to offer trust services.
• 6.2-1083 - (Effective October 1, 2010) Commission to issue certificate; powers of associations authorized to offer trust services.
• 6.2-1084 - (Effective October 1, 2010) Continuation of trust powers in the event of consolidation or merger of two or more associations.
• 6.2-1085 - (Effective October 1, 2010) When security not required.
• 6.2-1086 - (Effective October 1, 2010) Association's operation and supervision of trust department.
• 6.2-1087 - (Effective October 1, 2010) Books and accounts.
• 6.2-1088 - (Effective October 1, 2010) Investment of funds and assets held as fiduciary.
• 6.2-1089 - (Effective October 1, 2010) Funds awaiting investment or distribution.
• 6.2-1090 - (Effective October 1, 2010) Dealings with self or affiliates.
• 6.2-1091 - (Effective October 1, 2010) Voting of financial institution stock held by association as fiduciary; when association disqualified from voting.
• 6.2-1092 - (Effective October 1, 2010) Transactions between trust accounts.
• 6.2-1093 - (Effective October 1, 2010) Custody of assets and investments held in trust.
• 6.2-1094 - (Effective October 1, 2010) Establishment of common trust funds and collective investment funds; court accountings.
• 6.2-1095 - (Effective October 1, 2010) Compensation of association acting as fiduciary.
• 6.2-1096 - (Effective October 1, 2010) Surrender of trust powers by association.
• 6.2-1097 - (Effective October 1, 2010) Effect on trust accounts of appointment of receiver for association or of voluntary dissolution of association.
• 6.2-1098 - (Effective October 1, 2010) Revocation of trust powers.
• 6.2-1099 - (Effective October 1, 2010) Trust powers of state savings banks.

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