10 Va. Admin. Code § 5-22-70

Current through Register Vol. 41, No. 6, November 4, 2024

Section 10VAC5-22-70 - Loans to certain persons prohibited

A trust company shall not make loans or otherwise extend its capital funds to an officer, director, or employee of the trust company, its holding company, and its affiliates.

10 Va. Admin. Code § 5-22-70

Derived from VR225-01-0205 § 7, eff. April 20, 1995.

Statutory Authority

§ 6.2-1034 of the Code of Virginia.