Permissible business

Va. Code Ann. § 6.2-1049
in effect
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A trust subsidiary shall be permitted to engage in trust business and activities that may be engaged in by a bank pursuant to § 6.2-1002 , and business incidental thereto. A trust subsidiary shall not accept deposits or conduct any other business except as may be incidental to the trust business being conducted by it. 1974, c. 286, § 6.1-32.5; 1997, c. 801 ; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1049/Fetched: 10/17/2026

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