Va. Code § 6.2-903

Current with changes from the 2024 legislative session through ch. 845

Section 6.2-903 - Revaluation of assets after examination

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.

Va. Code § 6.2-903

Code 1950, § 6-111; 1966, c. 584, § 6.1-89; 2010, c. 794.

Amended by Acts 2010, § c. 794.

Amended by Acts 1966, § c. 584, § 6.1-89.