{"data":{"id":"us-va/10vac5-22-90","jurisdiction":"us-va","citation":"10VAC5-22-90","heading":"Trust administration as individual, receipt of income from licensed activities prohibited","body":"An officer or employee of a trust company may not accept or administer, as an individual, any trust account, unless the board of directors approves and monitors the arrangement. While employed by a trust company or receiving remuneration therefrom, an officer or employee of a trust company may not engage in a licensed activity and receive commissions, fees, or other similar income from such activity.","path":["Title 10. Finance And Financial Institutions","Agency 5. State Corporation Commission","Chapter 22. Trust Company Regulations"],"source_url":"https://law.lis.virginia.gov/admincode/title10/agency5/chapter22/section90/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:49:32Z","sha256":"48f2f348fad0765cb862743464d83bc19ca7e1320febedc6897f5a15d7c97fe5","source_id":"us-va-vac","stale":false,"prev":"us-va/10vac5-22-80","next":"us-va/10vac5-22-100"},"notice":"GroundRules: Original legal text. Not legal advice."}
