Virginia Statutes
§ 6.2-1120 — Minimum capital requirement
Virginia § 6.2-1120
JurisdictionVirginia
Title 6.2FINANCIAL INSTITUTIONS AND SERVICES
Subtitle IIDEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS
Ch. 11SAVINGS INSTITUTIONS
Art. 2INCORPORATION; CERTIFICATE OF AUTHORITY; CORPORATE ADMINISTRATION
This text of Virginia § 6.2-1120 (Minimum capital requirement) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 6.2-1120 (2026).
Text
A state savings bank shall comply with the applicable minimum capital requirements of the Federal Deposit Insurance Corporation. The Commission may impose such additional minimum capital requirements as it deems necessary in order to insure the safe and sound operation of state savings banks.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1991, c. 230, § 6.1-194.116; 2010, c. 794.
Nearby Sections
15
§ 6.2-100
Definitions§ 6.2-1000
Definitions§ 6.2-1002
Powers of trust institutions§ 6.2-1005
Deposit or other use of trust funds§ 6.2-1007
Investment of trust funds§ 6.2-1008
Dealings with self or affiliates§ 6.2-101
Confidentiality of informationCite This Page — Counsel Stack
Bluebook (online)
Virginia § 6.2-1120, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/6.2/6.2-1120.