™Your Policy Risk Impact Agent
24 chapters · 957 sections in this title.
Va. Code Ann. § 6.2-1201 Special examinations
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When (i) written application is made to the Commission by the board of directors or by the stockholders representing two-fifths of the total outstanding capital stock of any savings institution incorporated under the laws of and doing business in the Commonwealth, or (ii) in the …
Va. Code Ann. § 6.2-1202 Fees for supervision and regulation; investigations
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A. For the purpose of defraying the expenses of supervision and regulation of state savings institutions and foreign savings institutions doing business in the Commonwealth, the Commission shall, on or before July 1 of each year, assess against every such savings institution fees…
Va. Code Ann. § 6.2-1203 Examination of persons believed to be doing business without authority; doing business without authority; penalty
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A. The Commissioner shall examine the accounts, books, and papers of any person or entity that he has reason to believe is doing the business of a savings institution in the Commonwealth without legal authority to do so. Any person having possession, custody, or control of such a…
Va. Code Ann. § 6.2-1204 Compliance by savings institution holding companies with federal regulations constitutes compliance with Commission regulations
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Any savings institution holding company that does not have any subsidiaries that are state savings institutions and that is subject to regulations adopted by the appropriate federal authority shall be deemed to be in substantial compliance with the regulations adopted by the Comm…