Virginia Statutes
§ 6.2-936 — Subrogation to rights of bank depositors
Virginia § 6.2-936
JurisdictionVirginia
Title 6.2FINANCIAL INSTITUTIONS AND SERVICES
Subtitle IIDEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS
Ch. 8BANKS
Art. 14APPOINTMENT OF FDIC AS RECEIVER
This text of Virginia § 6.2-936 (Subrogation to rights of bank depositors) 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. § 6.2-936 (2026).
Text
Whenever the FDIC pays, or makes available for payment, the insured deposit liabilities of a closed bank, the FDIC, whether or not it acts as receiver, shall be subrogated to all rights of depositors against the closed bank to the same extent as subrogation is provided for by the Federal Deposit Insurance Act (12 U.S.C. § 1811 et seq.) in the case of a national bank.
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Related
§ 1811
12 U.S.C. § 1811
Legislative History
1983, c. 507, § 6.1-110.12; 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 § 6.2-936, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/6.2/6.2-936.