Va. Code Ann. § 6.2-903
This is the official text of Va. Code Ann. § 6.2-903, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Revaluation of assets after examination
Official statutory text
If it appears to the Commission, from an examination of any bank, that any of the bank's assets are valued by the bank at an amount in excess of their fair and reasonable value, the Commission, after the bank has been given an opportunity for a hearing before the Commission, may require the bank to revalue the assets on the basis of their fair and reasonable value.
Code 1950, § 6-111; 1966, c. 584, § 6.1-89; 2010, c. 794 .
Code 1950, § 6-111; 1966, c. 584, § 6.1-89; 2010, c. 794 .
Status: in_force · Read it on the official government site
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