{"data":{"id":"us-va/va.-code-6.2-1020","jurisdiction":"us-va","citation":"Va. Code § 6.2-1020","heading":"Certain transactions by affiliated trust companies prohibited","body":"An affiliated trust company shall not:1. During the underwriting period, purchase from an affiliated broker-dealer, for any trust account or for its own account, any security that is being underwritten by that broker-dealer; or2. Purchase for any trust account or for its own account any security that is issued by a company that owns five percent or more of the capital stock of, or is affiliated with, the affiliated trust company.1994, c. 524, § 6.1-32.14:2; 1995, c. 140; 2010, c. 794.","path":["Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES","Subtitle II. DEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS","Chapter 10. ENTITIES CONDUCTING TRUST BUSINESS","Article 2. TRUST COMPANIES"],"source_url":"https://law.lis.virginia.gov/vacode/6.2-1020/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"9343814c46fe1c354b15f5b8eeac73f21fa3c02d553b6e5b6f56e3aafc076310","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-1019","next":"us-va/va.-code-6.2-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}