6.2-1150 - (Effective October 1, 2010) When operation of foreign savings institution in the Commonwealth is prohibited. - Virginia Statutes

§ 6.2-1150. (Effective October 1, 2010) When operation of foreign savingsinstitution in the Commonwealth is prohibited.

When the laws, regulations or administrative actions of another stateprohibit or unfairly impede a state savings institution from transactingbusiness in that state, then the savings institutions of that state areprohibited from transacting business in the Commonwealth.

(1985, c. 425, § 6.1-194.42; 1994, c. 353; 2010, c. 794.)