6.2-1018 - (Effective October 1, 2010) Minimum capital; state of incorporation; form of entity. - Virginia Statutes

§ 6.2-1018. (Effective October 1, 2010) Minimum capital; state ofincorporation; form of entity.

A certificate shall not be issued under § 6.2-1017 to an applicant:

1. Unless it meets the minimum capital requirement for a trust companyprescribed by § 6.2-1017; and

2. That is not a corporation organized under the laws of the Commonwealth.

(1993, c. 432, §§ 6.1-32.15, 6.1-32.16; 1994, c. 7; 2010, c. 794.)