Financial institutions; officers and directors.
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “An Act to amend and reenact § 6.2-104 of the Code of Virginia, relating to financial institutions; officers and directors.” Read the full text
2026 session
What it does
Financial institutions; officers and directors. Provides that the State Corporation Commission may permit, upon petition, an individual to serve as an officer or on the boards of directors of more than one financial institution if the Commission finds that the financial institutions are not in competition with each other or that one or both of the institutions might otherwise be denied capable management or direction from an individual residing in or employed in the locality served by an institu
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Introduced · Jan 16, 2026
Acts of Assembly Chapter 903 (latest official status)
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
1
sponsor on the bill
Sponsors
T. Travis Hackworth
Recorded votes
Passed House (99-Y 0-N 0-A)House of Delegates · 2026-03-10 · P · Y 99
Reported from Labor and Commerce (21-Y 0-N)House of Delegates · 2026-03-05 · P · Y 21, X 1
Subcommittee recommends reporting (9-Y 0-N)House of Delegates · 2026-03-03 · P · Y 9
Read third time and passed Senate (38-Y 0-N 0-A)Senate · 2026-01-30 · P · Y 38, X 2
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)Senate · 2026-01-28 · P · Y 40
Reported from Commerce and Labor (15-Y 0-N)Senate · 2026-01-26 · P · Y 15
Roll-call results shown verbatim from the Virginia legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Acts of Assembly Chapter 903.