Chap. 207.—An ACT to prohibit the granting of charters to banks having a
minimum capital stock of less than ten thousand dollars.

Approved March 12, 1908.

1. Be it enacted by the general assembly of Virginia, That after the
passage of this act the State corporation commission shall not have
power to issue a charter to a bank, savings bank, trust company or other
institution of like kind, the minimum capital stock of which is stated
in its application for such charter to be less than ten thousand dollars.