Chapter 75 FINANCE AND TAXATION.

75-2    BANK FRANCHISE TAX - DEFINITIONS

For the purposes of this Article, the following terms shall have the meanings indicated:

BANK - Any incorporated bank, banking association or trust company organized by or under the authority of the laws of the Commonwealth of Virginia and any bank or banking association organized by or under the authority of the laws of the United States, doing business or having an office in the Commonwealth of Virginia or having a charter which designates any place within the Commonwealth of Virginia as the place of its principal office, whether such bank or banking association is authorized to transact business as a trust company or not, and any joint-stock land bank or any other bank organized by or under the authority of the laws of the United State upon which the Commonwealth of Virginia is authorized to impose a tax.  The word "bank" as used in this Article shall exclude all corporations organized under the laws of other states and doing business in the Commonwealth of Virginia; it shall exclude corporations organized not as banks under the laws of the Commonwealth of Virginia; and it shall exclude all natural persons and partnerships.