{"data":{"id":"us-va/10vac5-20-40","jurisdiction":"us-va","citation":"10VAC5-20-40","heading":"State savings banks; corporate name and investment requirement","body":"Pursuant to §  6.2-1192 of the Code of Virginia, a state savings bank shall not be required to have as a part of its corporate name the word \"savings,\" regardless of §§  6.2-939, 6.2-1040, and  6.2-1116 of the Code of Virginia. Further, a state savings bank shall be deemed in compliance with the investment in \"real estate loans\" requirement of §  6.2-1179 if it meets the \"qualified thrift lender test\" set forth in 12 USC § 1468a(m)(1)(B).","path":["Title 10. Finance And Financial Institutions","Agency 5. State Corporation Commission","Chapter 20. Banking and Savings Institutions"],"source_url":"https://law.lis.virginia.gov/admincode/title10/agency5/chapter20/section40/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:49:31Z","sha256":"c3f5caefcb6c3334277a71e3dd723dcb82d469c67ed9a20b54a18150d21f82d9","source_id":"us-va-vac","stale":false,"prev":"us-va/10vac5-20-30","next":"us-va/10vac5-20-50"},"notice":"GroundRules: Original legal text. Not legal advice."}
