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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>374314</law_id><section_number>6.2-710</section_number><catch_line>Regulations excluding financial institution holding companies from this chapter</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="2" identifier="7">Acquisitions of Interests in Financial Institutions</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> may adopt regulations excluding <span class="dictionary">financial institution</span> holding companies from the provisions of this chapter, under conditions comparable to those provided in either the Bank Holding Company Act of 1956 (12 U.S.C. &#xA7;&#xA0;1841 et seq.) or Section 10 of the Home Owners&#x2019; Loan Act (12 U.S.C. &#xA7;&#xA0;1467a et seq.), when control of a <span class="dictionary">Virginia financial institution</span> arises (i) out of the acquisition of shares in a fiduciary capacity, (ii) in connection with an underwriting of securities or proxy solicitation, or (iii) in connection with securing or collecting a debt.</p></section></text><history>1978, c. 683, &#xA7; 6.1-387; 1984, c. 335; 2010, c. 794.</history><metadata></metadata></law>
