Virginia Code Title 6.2. Financial Institutions and Services § 6.2-836. Definitions

As used in this article, unless a different meaning is required:

“Acquisition of a branch” means the acquisition of a branch located in a host state, without acquiring the bank of such branch.

“Affiliate” has the meaning assigned to it in 12 U.S.C. § 1841(k) of the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), as amended.

“Bank” has the meaning assigned to it in 12 U.S.C. § 1813(a)(1) of the Federal Deposit Insurance Company Act of 1956 (12 U.S.C. § 1811 et seq.), as amended.

“Bank holding company” has the meaning assigned to it in 12 U.S.C. § 1841(a) of the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), as amended.

“Commercial activities” means activities in which a bank holding company, a financial holding company, a national bank, or a national bank financial subsidiary may not engage under federal law.

“De novo branch” means a branch of a bank located in a host state which (i) is originally established by the bank as a branch and (ii) does not become a branch of the bank as a result of the acquisition of another bank or a branch of another bank, or the merger, consolidation, or conversion of any such bank or branch.

“Financial holding company” has the meaning assigned to it in 12 U.S.C. § 1841(p) of the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), as amended.

“Home state” means: