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Virginia Administrative Code
Title 10. Finance And Financial Institutions
Title 10. Finance And Financial Institutions
Agency 5. State Corporation Commission
11/21/2024

Chapter 22.
Trust Company Regulations
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Section 10
Definitions
Section 20
Preliminary statement; responsibility of the board of directors; meetings of the board
Section 30
Composition of affiliated trust company board; prohibitions on dual service
Section 40
Reports of condition; annual audits
Section 50
Insurance required
Section 60
Investments
Section 70
Loans to certain persons prohibited
Section 80
Delegation of trust functions; confidentiality
Section 90
Trust administration as individual, receipt of income from licensed activities prohibited
Section 100
Securities advice prohibited; exception
Section 110
Agency or marketing activity prohibited
Section 120
Services by affiliate
Section 130
Referral of securities transactions
Section 140
Purchases from affiliate prohibited; exceptions; terms
Section 150
Separate offices required

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