Trust Powers of Savings Institutions | Midpage

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Code of Virginia

Article 6

Trust Powers of Savings Institutions

6.2-1081Definitions 6.2-1082Applications for permission to offer trust services 6.2-1083Commission to issue certificate; powers of associations authorized to offer trust services 6.2-1084Continuation of trust powers in the event of consolidation or merger of two or more associations 6.2-1085When security not required 6.2-1086Association's operation and supervision of trust department 6.2-1087Books and accounts 6.2-1088Investment of funds and assets held as fiduciary 6.2-1089Funds awaiting investment or distribution 6.2-1090Dealings with self or affiliates 6.2-1091Voting of financial institution stock held by association as fiduciary; when association disqualified from voting 6.2-1092Transactions between trust accounts 6.2-1093Custody of assets and investments held in trust 6.2-1094Establishment of common trust funds and collective investment funds; court accountings 6.2-1095Compensation of association acting as fiduciary 6.2-1096Surrender of trust powers by association 6.2-1097Effect on trust accounts of appointment of receiver for association or of voluntary dissolution of association 6.2-1098Revocation of trust powers 6.2-1099Trust powers of state savings banks