Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 10. Finance and Financial Institutions |
Agency 5. State Corporation Commission |
Chapter 22. Trust Company Regulations |
Section 60. Investments
Latest version.
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A trust company may invest its capital funds in the investments permitted by law for state banks; it shall reasonably diversify the investment of such funds.
Historical Notes
Derived from VR225-01-0205 § 6, eff. April 20, 1995.
Statutory Authority
§ 6.2-1034 of the Code of Virginia.