Section 150. Separate offices required

Latest version.

An affiliated trust company shall maintain offices that are separate and clearly distinguishable from the offices of its holding company and every other affiliate of the trust company. If the offices of the trust company are in the same building with those of a broker-dealer affiliate, the trust company's offices shall be on a different floor from the offices of the broker-dealer.

Historical Notes

Derived from VR225-01-0205 § 15, eff. April 20, 1995.

Statutory Authority

§ 6.2-1034 of the Code of Virginia.

                    
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