Virginia Administrative Code
Title 10 - FINANCE AND FINANCIAL INSTITUTIONS
Agency 5 - STATE CORPORATION COMMISSION
Chapter 22 - TRUST COMPANY REGULATIONS
Section 10VAC5-22-70 - Loans to certain persons prohibited
Universal Citation: 0 VA Admin Code 5-22-70
Current through Register Vol. 41, No. 3, September 23, 2024
A trust company shall not make loans or otherwise extend its capital funds to an officer, director, or employee of the trust company, its holding company, and its affiliates.
Statutory Authority
§ 6.2-1034 of the Code of Virginia.
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