Effect of Share Exchange. At the Effective Date, the Share Exchange shall have the effect as provided in Section 13.1-721 of the Virginia Stock Corporation Act.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (MainStreet Bancshares, Inc.), Agreement and Plan of Reorganization (Alliance Bankshares Corp), Agreement and Plan of Reorganization (First Bankshares, Inc.)
Effect of Share Exchange. At the Effective Date, the Share Exchange shall have the effect as provided provide in Section 13.1-721 of the Virginia Stock Corporation Act and the National Banking Act.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Access National Corp)