Minimum capital; state of incorporation; form of entity
Va. Code Ann. § 6.2-1018
in effectA certificate shall not be issued under § 6.2-1017 to an applicant:
1. Unless it meets the minimum capital requirement for a trust company prescribed by § 6.2-1017 ; and
2. That is not a corporation organized under the laws of the Commonwealth.
1993, c. 432, §§ 6.1-32.15, 6.1-32.16; 1994, c. 7 ; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1018/Fetched: 10/16/2026