Virginia Code 6.2-849: Definitions
As used in this article, unless a different meaning is required:
Terms Used In Virginia Code 6.2-849
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Bank: has the meaning assigned to it in 12 U. See Virginia Code 6.2-849
- Home state: has the meaning assigned to it in § 6. See Virginia Code 6.2-849
- Interstate merger transaction: means :
1. See Virginia Code 6.2-849
- Resulting bank: means a bank that has resulted from an interstate merger transaction under this article. See Virginia Code 6.2-849
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
“Bank” 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.
“Home state” has the meaning assigned to it in § 6.2-836.
“Host state” has the meaning assigned to it in § 6.2-836.
“Interstate merger transaction” means:
1. The merger or consolidation of banks with different home states, and the conversion of branches of any bank involved in the merger or consolidation to branches of the resulting bank; or
2. The purchase of all, or substantially all, of the assets of a bank whose home state is different than the home state of the acquiring bank.
“Out-of-state bank” has the meaning assigned to it in § 6.2-836.
“Out-of-state state bank” has the meaning assigned to it in § 6.2-836.
“Resulting bank” means a bank that has resulted from an interstate merger transaction under this article.
“Virginia bank” means a bank whose home state is Virginia.
“Virginia state bank” has the meaning assigned to it in § 6.2-836.