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A savings bank shall maintain regulatory capital in the amount prescribed by rule of the finance commission. The amount may not be less than the amount of regulatory capital required for a corresponding national bank.
A savings bank shall maintain its books and records according to generally accepted accounting principles and to rules adopted by the finance commission.
Cite this article: FindLaw.com - Virginia Code Title 22.1. Education § 22.1-279.7. Guidelines for student searches - last updated January 01, 2020 | https://codes.findlaw.com/va/title-22-1-education/va-code-sect-22-1-279-7.html
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