{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-853.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-853.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-853.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-853.html"}],"law_id":374374,"edition_id":2,"section_id":374374,"structure_id":53231,"section_number":"6.2-853","catch_line":"Conditions for interstate merger","history":"1995, c. 301, \u00a7 6.1-44.20; 2010, c. 794.","full_text":"An interstate merger transaction involving a Virginia bank shall not be consummated, and any out-of-state bank resulting from such a merger shall not operate any branch in the Commonwealth, if the Commission finds that the laws of the home state of any out-of-state bank involved in the interstate merger transaction do not permit interstate merger transactions or finds that the resulting out-of-state bank has not complied with all applicable requirements of any law of the Commonwealth.\n\n","order_by":null,"text":{"0":{"id":1397557,"text":"An interstate merger transaction involving a Virginia bank shall not be consummated, and any out-of-state bank resulting from such a merger shall not operate any branch in the Commonwealth, if the Commission finds that the laws of the home state of any out-of-state bank involved in the interstate merger transaction do not permit interstate merger transactions or finds that the resulting out-of-state bank has not complied with all applicable requirements of any law of the Commonwealth.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53231,"edition_id":2,"name":"Interstate Bank Mergers","identifier":"7","label":"article","depth":4,"order_by":7,"parent_id":53224,"metadata":{"child_laws":11,"child_structures":0},"date_created":"2026-08-02 03:13:26","date_modified":"2026-08-02 12:27:58","permalink":{"id":1492557,"object_type":"structure","relational_id":53231,"identifier":"7","token":"6.2\/II\/8\/7","url":"\/6.2\/II\/8\/7\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53224,"edition_id":2,"name":"Banks","identifier":"8","label":"chapter","depth":3,"order_by":2,"parent_id":53156,"metadata":{"child_laws":155,"child_structures":17},"date_created":"2026-08-02 03:13:21","date_modified":"2026-08-02 12:27:57","permalink":{"id":1492067,"object_type":"structure","relational_id":53224,"identifier":"8","token":"6.2\/II\/8","url":"\/6.2\/II\/8\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53156,"edition_id":2,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":53152,"metadata":{"child_laws":483,"child_structures":51},"date_created":"2026-08-02 03:11:42","date_modified":"2026-08-02 12:27:56","permalink":{"id":1490687,"object_type":"structure","relational_id":53156,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53152,"edition_id":2,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":10,"parent_id":null,"metadata":{"child_laws":961,"child_structures":89},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:53","permalink":{"id":1490251,"object_type":"structure","relational_id":53152,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":374370,"structure_id":53231,"section_number":"6.2-849","catch_line":"Definitions","url":"\/6.2-849\/","token":"6.2\/II\/8\/7\/6.2-849","metadata":false},{"id":374371,"structure_id":53231,"section_number":"6.2-850","catch_line":"Authority to branch outside the Commonwealth by merger","url":"\/6.2-850\/","token":"6.2\/II\/8\/7\/6.2-850","metadata":false},{"id":374372,"structure_id":53231,"section_number":"6.2-851","catch_line":"Interstate merger transactions and branching permitted","url":"\/6.2-851\/","token":"6.2\/II\/8\/7\/6.2-851","metadata":{"court_decisions":""}},{"id":374373,"structure_id":53231,"section_number":"6.2-852","catch_line":"Filing requirements","url":"\/6.2-852\/","token":"6.2\/II\/8\/7\/6.2-852","metadata":false},{"id":374374,"structure_id":53231,"section_number":"6.2-853","catch_line":"Conditions for interstate merger","url":"\/6.2-853\/","token":"6.2\/II\/8\/7\/6.2-853","metadata":false},{"id":374375,"structure_id":53231,"section_number":"6.2-854","catch_line":"Powers","url":"\/6.2-854\/","token":"6.2\/II\/8\/7\/6.2-854","metadata":false},{"id":374376,"structure_id":53231,"section_number":"6.2-855","catch_line":"Examinations and periodic reports","url":"\/6.2-855\/","token":"6.2\/II\/8\/7\/6.2-855","metadata":false},{"id":374377,"structure_id":53231,"section_number":"6.2-856","catch_line":"Cooperative agreements; assessment of fees","url":"\/6.2-856\/","token":"6.2\/II\/8\/7\/6.2-856","metadata":false},{"id":374378,"structure_id":53231,"section_number":"6.2-857","catch_line":"Enforcement","url":"\/6.2-857\/","token":"6.2\/II\/8\/7\/6.2-857","metadata":false},{"id":374379,"structure_id":53231,"section_number":"6.2-858","catch_line":"Regulations; fees","url":"\/6.2-858\/","token":"6.2\/II\/8\/7\/6.2-858","metadata":false},{"id":374380,"structure_id":53231,"section_number":"6.2-859","catch_line":"Notice of subsequent merger","url":"\/6.2-859\/","token":"6.2\/II\/8\/7\/6.2-859","metadata":false}],"previous_section":{"id":374373,"structure_id":53231,"section_number":"6.2-852","catch_line":"Filing requirements","url":"\/6.2-852\/","token":"6.2\/II\/8\/7\/6.2-852","metadata":false},"next_section":{"id":374375,"structure_id":53231,"section_number":"6.2-854","catch_line":"Powers","url":"\/6.2-854\/","token":"6.2\/II\/8\/7\/6.2-854","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-853\/","history_text":"

This law was first created in 1995. The record of its establishment is cataloged in chapter 301<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1492575,"object_type":"law","relational_id":374374,"identifier":"6.2-853","token":"6.2\/II\/8\/7\/6.2-853","url":"\/6.2-853\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-853\/","token":"6.2\/II\/8\/7\/6.2-853","dublin_core":{"Title":"Conditions for interstate merger","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-853","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

An interstate merger transaction involving a Virginia bank<\/span> shall not be consummated, and any out-of-state bank<\/span> resulting from such a merger shall not operate any branch in the Commonwealth, if the Commission<\/span> finds that the laws<\/span> of the home state of any out-of-state bank<\/span> involved in the interstate merger transaction do not permit interstate merger transactions or finds that the resulting out-of-state bank<\/span> has not complied with all applicable requirements of any law<\/span> of the Commonwealth.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCONDITIONS FOR INTERSTATE MERGER (\u00a7 6.2-853)\n\nAn interstate merger transaction involving a Virginia bank shall not be\nconsummated, and any out-of-state bank resulting from such a merger shall not\noperate any branch in the Commonwealth, if the Commission finds that the laws of\nthe home state of any out-of-state bank involved in the interstate merger\ntransaction do not permit interstate merger transactions or finds that the\nresulting out-of-state bank has not complied with all applicable requirements of\nany law of the Commonwealth.\n\nHISTORY: 1995, c. 301, \u00a7 6.1-44.20; 2010, c. 794.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}