As used in this article, unless a different meaning is required:\n'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.\n'Home state' has the meaning assigned to it in § 6.2-836.\n'Host state' has the meaning assigned to it in § 6.2-836.\n'Interstate merger transaction' means:\n1. 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\n2. 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.\n'Out-of-state bank' has the meaning assigned to it in § 6.2-836.\n'Out-of-state state bank' has the meaning assigned to it in § 6.2-836.\n'Resulting bank' means a bank that has resulted from an interstate merger transaction under this article.\n'Virginia bank' means a bank whose home state is Virginia.\n'Virginia state bank' has the meaning assigned to it in § 6.2-836.\n1995, c. 301, § 6.1-44.16; 2010, c. 794.
Virginia Legal Code