                                 CODE OF VIRGINIA

DEFINITIONS (§ 6.2-836)

As used in this article, unless a different meaning is
required:		&#8220;Acquisition of a branch&#8221; means the acquisition of a
branch located in a host state, without acquiring the bank of such
branch.		&#8220;Affiliate&#8221; has the meaning assigned to it in 12 U.S.C. §
1841 (k) of the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), as
amended.		&#8220;Bank&#8221; has the meaning assigned to it in 12 U.S.C. § 1813
(a) (1) of the Federal Deposit Insurance Company Act of 1956 (12 U.S.C. § 1811
et seq.), as amended.		&#8220;Bank holding company&#8221; has the meaning
assigned to it in 12 U.S.C. § 1841 (a) of the Bank Holding Company Act of 1956
(12 U.S.C. § 1841 et seq.), as amended.		&#8220;Commercial activities&#8221;
means activities in which a bank holding company, a financial holding company, a
national bank, or a national bank financial subsidiary may not engage under
federal law.		&#8220;De novo branch&#8221; means a branch of a bank located in a
host state which (i) is originally established by the bank as a branch and (ii)
does not become a branch of the bank as a result of the acquisition of another
bank or a branch of another bank, or the merger, consolidation, or conversion of
any such bank or branch.		&#8220;Financial holding company&#8221; has the
meaning assigned to it in 12 U.S.C. § 1841 (p) of the Bank Holding Company Act
of 1956 (12 U.S.C. § 1841 et seq.), as amended.		&#8220;Home state&#8221;
means:

1. With respect to a national bank, the state in which the main office of the
bank is located;

2. With respect to a state bank, the state by which the bank is chartered;

3. With respect to a foreign bank, the state determined to be the home state of
such foreign bank under 12 U.S.C. &#xA7; 3103 (c).
			&#8220;Host state&#8221; means a state, other than the home state of a bank,
in which the bank maintains, or seeks to establish and maintain, a
branch.			&#8220;Out-of-state bank&#8221; means a bank whose home state is a
state other than the Commonwealth.			&#8220;Out-of-state state bank&#8221; means
a bank chartered under the laws of any state other than the
Commonwealth.			&#8220;Virginia state bank&#8221; means a bank chartered under
the laws of Virginia.

HISTORY: 1995, c. 301, § 6.1-44.2; 2007, c. 1; 2010, c. 794.