Virginia § 6.2-1116 Corporation name

Virginia Statutes

§ 6.2-1116 — Corporation name

Virginia § 6.2-1116

JurisdictionVirginia

Title 6.2FINANCIAL INSTITUTIONS AND SERVICES

Subtitle IIDEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS

Ch. 11SAVINGS INSTITUTIONS

Art. 2INCORPORATION; CERTIFICATE OF AUTHORITY; CORPORATE ADMINISTRATION

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Bluebook

Va. Code Ann. § 6.2-1116 (2026).

Text

A.Every association incorporated under the laws of the Commonwealth shall have as a part of its corporate name the words "building and loan association" or "savings and loan association." No state association shall use the words "savings bank" as part of its corporate name.

B.Every savings bank incorporated under the laws of the Commonwealth shall have as a part of its corporate name the words "savings bank."

C.The provisions of subsection A of § 13.1-630 shall not apply to any association or state savings bank.

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A. Every association incorporated under the laws of the Commonwealth shall have as a part of its corporate name the words "building and loan association" or "savings and loan association." No state association shall use the words "savings bank" as part of its corporate name.

B. Every savings bank incorporated under the laws of the Commonwealth shall have as a part of its corporate name the words "savings bank."

C. The provisions of subsection A of § 13.1-630 shall not apply to any association or state savings bank.

Legislative History

Code 1950, § 6-201.9; 1960, c. 402; 1966, c. 584, § 6.1-134; 1972, c. 796, § 6.1-195.8; 1983, c. 387; 1985, c. 425, § 6.1-194.10; 1991, c. 230, § 6.1-194.112; 2010, c. 794.