6.1-194.132 - (Repealed effective October 1, 2010) Acquisitions of state savings bank or holding companies by out-of-state financial institutions.
§ 6.1-194.132. (Repealed effective October 1, 2010) Acquisitions of statesavings bank or holding companies by out-of-state financial institutions.
A state savings bank, or holding company thereof, may not be acquired by afinancial institution, or financial institution holding company, whoseprincipal place of business is outside the Commonwealth, except in accordancewith the provisions of Article 11 (§ 6.1-194.96 et seq.) of this chapter. Asused in Article 11, the term "Virginia savings institution" includes astate savings bank, and the term "Virginia savings institution holdingcompany" includes the holding company of a state savings bank.
(1991, c. 230.)