Suspension or prohibition of trust institutions

Va. Code Ann. § 6.2-1012
in effect
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The Commission may prohibit or suspend from engaging in trust business any (i) trust company that fails to comply with any of the provisions of § 6.2-1005 , 6.2-1006 , or 6.2-1008 ; (ii) bank doing a trust business that fails to comply with any of the provisions of § 6.2-821 , 6.2-1005 , 6.2-1006 , or 6.2-1008 ; or (iii) trust subsidiary that fails to comply with the provisions of § 6.2-1006 or 6.2-1008 . Code 1950, § 6-103; 1966, c. 584, § 6.1-32; 1974, c. 665; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1012/Fetched: 10/16/2026

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