§ 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.
History
The record of this law’s original creation isn’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1966, chapter 584; in 2010, chapter 794.
Code 1950, § 6-111; 1966, c. 584, § 6.1-89; 2010, c. 794.