Title 9 — Banking
20 chapters · 569 sections in this title.
9 V.I.C. § 61 Regulation and supervision of banks and foreign banks; insurance; penalty for violation; review
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(a) All banks and, to the extent of and with respect to business done at any branches established in the United States Virgin Islands, all foreign banks doing business in the United States Virgin Islands shall be regulated and supervised by the Banking Board in such manner as to …
9 V.I.C. § 62 Examination of banks and foreign banks
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Right of inspection; examiners Right of inspection; examiners (a) Every bank and every branch thereof, and every branch established in the United States Virgin Islands by a foreign bank doing business in the United States Virgin Islands, and every other entity engaged in the busi…
9 V.I.C. § 63 Interest of government officials in banks; removal; exception
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(a) Neither the Lieutenant Governor nor any representative of the Lieutenant Governor, nor any member of the Banking Board or employee thereof, nor any bank examiner shall, during the discharge of his office—(1) be an officer, director or employee in any bank, foreign bank, bank …
9 V.I.C. § 64 Reports of banks and foreign banks; penalties
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(a) Every bank or foreign bank shall make at least one report each year to the Banking Board within ninety days after close of the bank's fiscal year, and according to forms to be prescribed by it, verified by the oath of the chief executive officer and attesting officer, certify…
9 V.I.C. § 65 Repealed. June 6, 1988, No. 5341, § 2, Sess. L. 1988, p. 163
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9 V.I.C. § 65 Statutes current through Act 9046 of the 2025 session of the 36th Legislature, including all code changes through October 25, 2025 Virgin Islands Code AnnotatedCopyright © 2026 All rights reserved.
9 V.I.C. § 66 Annual statements to mortgagor
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(a) Where, by the terms of a mortgage on real property or as otherwise required by a mortgagee, banking or lending institution, the mortgagor is required to make periodic payments which include sums to be allocated to an escrow account for the purpose of paying taxes, insurance o…
9 V.I.C. § 67 Interest on escrow accounts
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(a) Every mortgagee, banking or lending institution requiring a mortgagor to maintain an escrow account for the purpose of paying taxes, insurance or improvements or for insurance settlements or on behalf of the mortgage property, shall pay to or to the account of such mortgagor,…
9 V.I.C. § 68 Community reinvestment requirements
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(a) Every foreign bank shall annually prepare a Community Reinvestment Act (CRA) statement for each island of the territory and shall include the CRA statements in its annual report filed under section 64 of this title. Each CRA statement shall contain:(1) the name of the island;…