Permissible business

Va. Code Ann. § 6.2-1049, under Chapter 10. Entities Conducting Trust Business..

Va. Code Ann. § 6.2-1049

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.