{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1309.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1309.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1309.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1309.html"}],"law_id":84662,"edition_id":1,"section_id":84662,"structure_id":15645,"section_number":"6.2-1309","catch_line":"Examinations","history":"Code 1950, \u00a7 6-230; 1956, c. 176; 1966, c. 584, \u00a7 6.1-221; 1976, c. 658; 1981, c. 521; 1990, c. 373, \u00a7 6.1-225.4; 2010, c. 794.","full_text":"A\n\nEach credit union shall be examined as often as the Commission deems that an examination is in the interest of its members, provided that an examination shall be conducted at least twice in every three-year period. The examiners shall be given free access to all books, papers, securities, and other sources of information in respect to the credit union. For the purpose of making an examination, the Commission may subpoena and examine personally witnesses under oath, whether such witnesses are members of the credit union or not, and may require the production of any documents, whether such documents are documents of the credit union or not.B\n\nAll expenses incident to any special examination which may be necessary shall be paid by the credit union so examined.","order_by":null,"text":{"0":{"id":303440,"text":"Each credit union shall be examined as often as the Commission deems that an examination is in the interest of its members, provided that an examination shall be conducted at least twice in every three-year period. The examiners shall be given free access to all books, papers, securities, and other sources of information in respect to the credit union. For the purpose of making an examination, the Commission may subpoena and examine personally witnesses under oath, whether such witnesses are members of the credit union or not, and may require the production of any documents, whether such documents are documents of the credit union or not.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":303441,"text":"All expenses incident to any special examination which may be necessary shall be paid by the credit union so examined.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":15645,"edition_id":1,"name":"Supervision and Regulation","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13635,"metadata":{},"date_created":"2026-06-26 03:57:20","date_modified":"2026-06-26 03:57:20","permalink":{"id":264605,"object_type":"structure","relational_id":15645,"identifier":"2","token":"6.2\/II\/13\/2","url":"\/6.2\/II\/13\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13635,"edition_id":1,"name":"Credit Unions","identifier":"13","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:26","date_modified":"2026-06-26 03:45:26","permalink":{"id":264545,"object_type":"structure","relational_id":13635,"identifier":"13","token":"6.2\/II\/13","url":"\/6.2\/II\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13000,"edition_id":1,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":263685,"object_type":"structure","relational_id":13000,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":69039,"structure_id":15645,"section_number":"6.2-1308","catch_line":"Supervision and regulation by Commission","url":"\/6.2-1308\/","token":"6.2\/II\/13\/2\/6.2-1308","metadata":false},{"id":84662,"structure_id":15645,"section_number":"6.2-1309","catch_line":"Examinations","url":"\/6.2-1309\/","token":"6.2\/II\/13\/2\/6.2-1309","metadata":false},{"id":79662,"structure_id":15645,"section_number":"6.2-1310","catch_line":"Fees for examination, supervision, and regulation","url":"\/6.2-1310\/","token":"6.2\/II\/13\/2\/6.2-1310","metadata":false},{"id":75135,"structure_id":15645,"section_number":"6.2-1311","catch_line":"Reports to Commission; penalty for failure to make reports","url":"\/6.2-1311\/","token":"6.2\/II\/13\/2\/6.2-1311","metadata":false},{"id":66020,"structure_id":15645,"section_number":"6.2-1312","catch_line":"Cease and desist orders; right to hearing","url":"\/6.2-1312\/","token":"6.2\/II\/13\/2\/6.2-1312","metadata":false},{"id":84113,"structure_id":15645,"section_number":"6.2-1313","catch_line":"Powers of Commission in case of nonobservance of law, noncompliance with orders, insufficient reserves, or approaching insolvency; appointment of receiver","url":"\/6.2-1313\/","token":"6.2\/II\/13\/2\/6.2-1313","metadata":false},{"id":65334,"structure_id":15645,"section_number":"6.2-1314","catch_line":"Penalties for violation of orders of Commission","url":"\/6.2-1314\/","token":"6.2\/II\/13\/2\/6.2-1314","metadata":false},{"id":81331,"structure_id":15645,"section_number":"6.2-1315","catch_line":"Removal of director or officer; penalty for acting after removal","url":"\/6.2-1315\/","token":"6.2\/II\/13\/2\/6.2-1315","metadata":false},{"id":79105,"structure_id":15645,"section_number":"6.2-1316","catch_line":"Offenses; penalty","url":"\/6.2-1316\/","token":"6.2\/II\/13\/2\/6.2-1316","metadata":false},{"id":60747,"structure_id":15645,"section_number":"6.2-1317","catch_line":"Supervisory merger or transfer of assets of insolvent or financially unstable credit union","url":"\/6.2-1317\/","token":"6.2\/II\/13\/2\/6.2-1317","metadata":false},{"id":59800,"structure_id":15645,"section_number":"6.2-1318","catch_line":"Repealed","url":"\/6.2-1318\/","token":"6.2\/II\/13\/2\/6.2-1318","metadata":false},{"id":82764,"structure_id":15645,"section_number":"6.2-1319","catch_line":"Involuntary dissolution","url":"\/6.2-1319\/","token":"6.2\/II\/13\/2\/6.2-1319","metadata":false}],"previous_section":{"id":69039,"structure_id":15645,"section_number":"6.2-1308","catch_line":"Supervision and regulation by Commission","url":"\/6.2-1308\/","token":"6.2\/II\/13\/2\/6.2-1308","metadata":false},"next_section":{"id":79662,"structure_id":15645,"section_number":"6.2-1310","catch_line":"Fees for examination, supervision, and regulation","url":"\/6.2-1310\/","token":"6.2\/II\/13\/2\/6.2-1310","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1309\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1956, chapter 176; in 1966, chapter 584; in 1976, chapter 658; in 1981, chapter 521; in 1990, chapter 373; in 2010, chapter 794<\/a>.<\/p>","references":[{"id":79662,"section_number":"6.2-1310","catch_line":"Fees for examination, supervision, and regulation","order_by":null,"url":"\/6.2-1310\/"},{"id":54606,"section_number":"6.2-1380","catch_line":"Examinations; periodic reports; cooperative agreements; assessment of fees","order_by":null,"url":"\/6.2-1380\/"}],"refers_to":false,"permalink":{"id":264611,"object_type":"law","relational_id":84662,"identifier":"6.2-1309","token":"6.2\/II\/13\/2\/6.2-1309","url":"\/6.2-1309\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1309\/","token":"6.2\/II\/13\/2\/6.2-1309","dublin_core":{"Title":"Examinations","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1309","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Each credit union<\/span> shall be examined as often as the Commission<\/span> deems that an examination is in the interest of its members<\/span>, provided that an examination shall be conducted at least twice in every three-year period. The examiners shall be given free access to all books, papers, securities, and other sources of information in respect to the credit union<\/span>. For the purpose of making an examination, the Commission<\/span> may subpoena<\/span> and examine personally witnesses under oath<\/span>, whether such witnesses are members<\/span> of the credit union<\/span> or not, and may require the production of any documents, whether such documents are documents of the credit union<\/span> or not. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> All expenses incident to any special examination which may be necessary shall be paid by the credit union<\/span> so examined. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXAMINATIONS (\u00a7 6.2-1309)\n\nA. Each credit union shall be examined as often as the Commission deems that an\nexamination is in the interest of its members, provided that an examination\nshall be conducted at least twice in every three-year period. The examiners\nshall be given free access to all books, papers, securities, and other sources\nof information in respect to the credit union. For the purpose of making an\nexamination, the Commission may subpoena and examine personally witnesses under\noath, whether such witnesses are members of the credit union or not, and may\nrequire the production of any documents, whether such documents are documents of\nthe credit union or not.\n\nB. All expenses incident to any special examination which may be necessary shall\nbe paid by the credit union so examined.\n\nHISTORY: Code 1950, \u00a7 6-230; 1956, c. 176; 1966, c. 584, \u00a7 6.1-221; 1976, c.\n658; 1981, c. 521; 1990, c. 373, \u00a7 6.1-225.4; 2010, c. 794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}