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Virginia Code Title 6.2. Financial Institutions and Services § 6.2-1120. Minimum capital requirement

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Virginia Code Title 6.2. Financial Institutions and Services § 6.2-1120. Minimum capital requirement - last updated January 01, 2025 | https://codes.findlaw.com/va/title-6-2-financial-institutions-and-services/va-code-sect-6-2-1120/

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