BANKING AND FINANCE
Patron names are linked to a list of legislation sponsored by the member
Bill numbers are linked to the summary of the bill
BANKING AND FINANCE
Bad checks; additional amounts recoverable. Amending § 8.01-27.1. (Patron-Behm, HB 1478)
Bank directors; residency requirements. Amending § 6.1-45. (Patron-Reynolds, HB 830)
Bank directors; stock ownership. Amending § 6.1-47. (Patron-Colgan, SB 199)
Bankers' bank; directors not required to own stock. Amending §§ 6.1-6.1 and 6.1-47. (Patron-Deeds, HB 362)
Bankruptcy; fee for recording certificate of commencement. Amending §§ 14.1-112 and 55-142.01.
(Patron-Trumbo, SB 371)
Banks; authorized to pledge its assets in connection with qualified financial contracts. Amending § 6.1-80.
(Patron-Holland, SB 313)
Banks; investments in securities of limited liability companies. Amending § 6.1-60.1. (Patron-Norment, SB 216)
Banks; notice of intent to acquire an out-of-state bank. Amending § 6.1-406. (Patron-Parrish, HB 492)
Banks, and savings institutions and associations; stock ownership of directors. Amending §§ 6.1-13, 6.1-33,
6.1-39.3, 6.1-194.12, 6.1-194.114 and 6.1-194.131. (Patron-Colgan, SB 200)
Capital Access and Business Financing; Report of Joint Subcommittee (HJR 591 and SJR 370, 1995). (SD 25)
Certificates of deposit; when presumed abandoned. Amending § 55-210.3:01. (Patron-Reynolds, HB 838)
Checking accounts; penalty for submitting false statements in order to obtain. Amending § 18.2-186.
(Patron-Moore, HB 1340; Quayle, SB 626)
Credit cards; prohibits minimum purchase requirements. Amending § 59.1-200. (Patron-Spruill, HB 1347)
Export Loan Guarantee Fund; created. Amending §§ 9-221 and 9-235; adding §§ 9-228.1 through 9-228.4.
(Patron-Thomas, HB 304)
Financial institutions; adverse claims to accounts. Adding § 6.1-2.9:7. (Patron-Deeds, HB 361)
Financial institutions; duties of parties to joint bank accounts. Adding § 6.1-125.15:1. (Patron-Howell, HB 614)
Financial institutions; examination. Amending §§ 6.1-84, 6.1-194.79 and 6.1-194.145. (Patron-Morgan, HB
392)
Investment funds, alternative; Retirement System to use best efforts at placement thereof with Virginia-based
venture capital funds. (Patron-Cantor, HJR 207)
Loans made in installments; charges by banks and savings institutions. Amending § 6.1-330.60.
(Patron-Robinson, HB 1245)
Money order sales license applicants; licensee's proof of security. Amending § 6.1-372. (Patron-Robinson, HB
1126)
Mortgage brokers and lenders; annual reports. Amending § 6.1-418. (Patron-Holland, SB 230)
Mortgage Lender and Broker Act; broker's agent. Amending § 6.1-409; adding § 6.1-410.1. (Patron-Callahan,
HB 39)
Mortgage Lender and Broker Act; exempts certain agencies brokering mortgage loans and certain field
originators under HDA. Amending § 6.1-411. (Patron-Miller, Y.B., SB 197)
Mortgage lenders; annual fees. Amending § 6.1-420. (Patron-Holland, SB 234)
Mortgage loans, subordinate; charging of fees and costs. Amending §§ 6.1-330.71 and 6.1-330.72.
(Patron-Robinson, HB 1246)
Neighborhood Assistance Act; name changed to Neighborhood Assistance and Family Savings Act of 1996,
provides tax credits to low-income families. Amending §§ 58.1-322, 58.1-333, 58.1-430, 63.1-320 through
63.1-324, third enactment of Chapter 407, 1986 Acts and fourth enactment of Chapter 779, 1995 Acts; adding
§§ 63.1-323.1 and 63.1-323.2. (Patron-Howell, HB 1045; Earley, SB 567)
Public Deposits Act, Security for; requires all public deposits to be collateralized pursuant thereto. Amending
§§ 2.1-211, 58.1-3150 and 58.1-3158; repealing §§ 2.1-212 through 2.1-218, 2.1-221 and 2.1-222.
(Patron-Bloxom, HB 386; Miller, K.G., SB 175)
Real estate appraisers; exemptions from licensure include employees of financial institutions. Amending
§ 54.1-2010. (Patron-Diamonstein, HB 797)
Savings and loan associations; changes reference to savings institutions throughout Code. Amending
§§ 2.1-209, 2.1-210, 2.1-234.3, 2.1-234.9:2, 2.1-327, 2.1-360, 2.1-639.2, 2.1-639.15, 2.1-639.15:1, 2.1-639.31,
2.1-639.41, 3.1-27.3, 3.1-27.12, 3.1-27.34, 8.01-676.1, 8.9-105, 9-199, 9-234, 10.1-312, 11-61, 12.1-10,
13.1-724, 13.1-826, 13.1-982, 13.1-989, 15.1-466, 15.1-1624, 18.2-113, 29.1-101.3, 36-55.30:2, 36-55.44,
36-96.1:1, 36-143, 38.2-1432, 38.2-4700, 55-66.3:1, 55-344, 58.1-403, 58.1-3149, 58.1-3706, 58.1-3730,
59.1-199, 59.1-265, 59.1-271, 59.1-280, 62.1-221, 62.1-226, 62.1-235, 62.1-241.3, 63.1-321 and 63.1-324.
(Patron-Keating, HB 489)
Savings banks and associations; financial statement publication requirements. Amending §§ 6.1-194.78 and
6.1-194.144. (Patron-Robinson, HB 367)
Savings institutions and banks; loans to employees. Amending §§ 6.1-62 and 6.1-194.21. (Patron-Deeds, HB
363)
Savings institutions and banks; provisions. Amending §§ 6.1-2.1, 6.1-2.9:4, 6.1-194.87, 6.1-232, 6.1-250,
6.1-330.48, 6.1-381, 13.1-514, 13.1-620 and 13.1-627. (Patron-Keating, HB 491)
Securities; sale by banks. Amending § 13.1-501. (Patron-Purkey, HB 1424)
Wet Settlement Act; duty of settlement agent, prohibits title insurance kickbacks, etc. Amending §§ 6.1-2.13 and
38.2-4614; adding § 6.1-2.13:1. (Patron-Davies, HB 1229)
Wet Settlement Act; fiduciary obligations of settlement agents, registration, etc. Adding § 6.1-2.16.
(Patron-Jones, J.C., HB 1129)
Wet Settlement Act; maintenance of funds in interest-bearing accounts. Amending § 6.1-2.13. (Patron-Moore,
HB 505)
Wet Settlement Act; professional obligations of settlement agents, registration, regulations, etc., Board of
Professional and Occupational Regulation to study appropriate level of regulation for settlement agents. Adding
§§ 6.1-2.16, 54.1-2145, 54.1-2146 and 54.1-2147. (Patron-Edwards, SB 571)
1996 Cumulative Index of Bills, Joint Resolutions, Resolutions and Documents - For additional information, please contact Legislative Information, State Capitol, Richmond, Virginia 23219. Telephone (804) 786-6530. Last Modified on October 30, 1996 at 10:16am
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