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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>373604</law_id><section_number>6.2-1078</section_number><catch_line>Offices</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="10" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="2" identifier="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="3" identifier="10">Entities Conducting Trust Business</unit><unit label="article" level="4" order_by="5" identifier="5">Private Trust Companies</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> The office at which a <span class="dictionary">private trust company</span> begins business shall be designated initially as its principal office. The board of directors or managers of a <span class="dictionary">private trust company</span> may thereafter redesignate as the principal office another authorized office of the <span class="dictionary">private trust company</span> in the Commonwealth. <a id="paragraph-1394355" class="section-permalink" href="https://vacode.org/6.2-1078/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The board of directors or managers of a <span class="dictionary">private trust company</span> may designate, and from time to time redesignate, one additional office at which the <span class="dictionary">private trust company</span> may conduct business in the Commonwealth. <a id="paragraph-1394356" class="section-permalink" href="https://vacode.org/6.2-1078/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> The <span class="dictionary">private trust company</span> shall notify the <span class="dictionary">Bureau</span> of any such redesignation of its principal office or designation or redesignation of an additional office not later than 30 days before its effective date and shall confirm to the <span class="dictionary">Bureau</span> any such designation or redesignation within 10 days of its occurrence. <a id="paragraph-1394357" class="section-permalink" href="https://vacode.org/6.2-1078/#C"><i class="fa fa-link"/></a></p></section></text><history>2003, c. 910, &#xA7; 6.1-32.30:5; 2010, c. 794.</history><metadata></metadata></law>
