6.2-802 - (Effective October 1, 2010) Effect of chapter on certain banks.
§ 6.2-802. (Effective October 1, 2010) Effect of chapter on certain banks.
A. Nothing in this chapter shall be construed to change or affect anyprivilege granted by charter to any bank incorporated before June 15, 1910,nor to affect the legality of any investment made or transaction had prior toJune 18, 1928, pursuant to any provisions of law in force when suchinvestment was made or transaction occurred.
B. No provision of this chapter other than § 6.2-803 shall apply to any bankchartered prior to June 15, 1910, under the laws of the Commonwealth buthaving no place of business within the Commonwealth and conducting its entirebusiness outside of the Commonwealth.
(Code 1950, § 6-8; 1966, c. 584, § 6.1-7; 2010, c. 794.)