6.2-925 - (Effective October 1, 2010) Definitions. - Virginia Statutes

§ 6.2-925. (Effective October 1, 2010) Definitions.

As used in this article, unless the context requires otherwise:

"Bank" means any bank or trust company organized under the laws of theCommonwealth.

"FDIC" or "Corporation" means the Federal Deposit InsuranceCorporation. The term includes any successor to the Corporation or any otheragency or instrumentality of the United States that undertakes to dischargethe purposes of the Corporation.

"Receivership court" means the circuit court that appoints a receiver for abank pursuant to this article.

(1983, c. 507, § 6.1-110.1; 2010, c. 794.)