{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-864.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-864.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-864.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-864.html"}],"law_id":72831,"edition_id":1,"section_id":72831,"structure_id":13792,"section_number":"6.2-864","catch_line":"Report to Commission of election of director","history":"1968, c. 606, \u00a7 6.1-48.1; 1992, c. 552; 1994, c. 105; 2010, c. 794.","full_text":"Within 60 days following the election or reelection of any person as a director of a bank, the bank shall furnish to the Commission such information as the Commission shall from time to time prescribe regarding the director’s personal character, integrity, financial condition, and personal and business background. The report shall be signed under oath by the director and a designated officer of the bank. Any person knowingly making a false statement in such a report is guilty of perjury and punishable as provided in \u00a7 18.2-434.","order_by":null,"text":{"0":{"id":262375,"text":"Within 60 days following the election or reelection of any person as a director of a bank, the bank shall furnish to the Commission such information as the Commission shall from time to time prescribe regarding the director’s personal character, integrity, financial condition, and personal and business background. The report shall be signed under oath by the director and a designated officer of the bank. Any person knowingly making a false statement in such a report is guilty of perjury and punishable as provided in \u00a7 18.2-434.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13792,"edition_id":1,"name":"Directors and Officers; Dividends","identifier":"8","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:45:53","date_modified":"2026-06-26 03:45:53","permalink":{"id":265601,"object_type":"structure","relational_id":13792,"identifier":"8","token":"6.2\/II\/8\/8","url":"\/6.2\/II\/8\/8\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13791,"edition_id":1,"name":"Banks","identifier":"8","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:53","date_modified":"2026-06-26 03:45:53","permalink":{"id":265065,"object_type":"structure","relational_id":13791,"identifier":"8","token":"6.2\/II\/8","url":"\/6.2\/II\/8\/","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":72617,"structure_id":13792,"section_number":"6.2-860","catch_line":"Bank to be managed by board of directors; number of directors","url":"\/6.2-860\/","token":"6.2\/II\/8\/8\/6.2-860","metadata":false},{"id":84782,"structure_id":13792,"section_number":"6.2-861","catch_line":"Application of Virginia Stock Corporation Act","url":"\/6.2-861\/","token":"6.2\/II\/8\/8\/6.2-861","metadata":false},{"id":64096,"structure_id":13792,"section_number":"6.2-862","catch_line":"Directors to own stock in bank","url":"\/6.2-862\/","token":"6.2\/II\/8\/8\/6.2-862","metadata":false},{"id":75199,"structure_id":13792,"section_number":"6.2-863","catch_line":"Oaths of directors","url":"\/6.2-863\/","token":"6.2\/II\/8\/8\/6.2-863","metadata":false},{"id":72831,"structure_id":13792,"section_number":"6.2-864","catch_line":"Report to Commission of election of director","url":"\/6.2-864\/","token":"6.2\/II\/8\/8\/6.2-864","metadata":false},{"id":63998,"structure_id":13792,"section_number":"6.2-865","catch_line":"Removal of director or officer; appeals; penalty","url":"\/6.2-865\/","token":"6.2\/II\/8\/8\/6.2-865","metadata":false},{"id":56603,"structure_id":13792,"section_number":"6.2-866","catch_line":"Meetings of board of directors","url":"\/6.2-866\/","token":"6.2\/II\/8\/8\/6.2-866","metadata":false},{"id":63140,"structure_id":13792,"section_number":"6.2-867","catch_line":"Discount by officer, director, or employee of paper refused by bank","url":"\/6.2-867\/","token":"6.2\/II\/8\/8\/6.2-867","metadata":false},{"id":70091,"structure_id":13792,"section_number":"6.2-868","catch_line":"Bonds required of officers and employees; blanket bond","url":"\/6.2-868\/","token":"6.2\/II\/8\/8\/6.2-868","metadata":false},{"id":54800,"structure_id":13792,"section_number":"6.2-869","catch_line":"Dividends; surplus; undivided profits","url":"\/6.2-869\/","token":"6.2\/II\/8\/8\/6.2-869","metadata":false}],"previous_section":{"id":75199,"structure_id":13792,"section_number":"6.2-863","catch_line":"Oaths of directors","url":"\/6.2-863\/","token":"6.2\/II\/8\/8\/6.2-863","metadata":false},"next_section":{"id":63998,"structure_id":13792,"section_number":"6.2-865","catch_line":"Removal of director or officer; appeals; penalty","url":"\/6.2-865\/","token":"6.2\/II\/8\/8\/6.2-865","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-864\/","history_text":"

This law was first created in 1968. The record of its establishment is cataloged in chapter 606 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1968 \u201cActs\u201d aren\u2019t available online. It has been modified 3 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 1992, chapter 552; in 1994, chapter 105<\/a>; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":[{"id":85475,"section_number":"18.2-434","catch_line":"What deemed perjury; punishment and penalty","order_by":null,"url":"\/18.2-434\/"}],"permalink":{"id":265619,"object_type":"law","relational_id":72831,"identifier":"6.2-864","token":"6.2\/II\/8\/8\/6.2-864","url":"\/6.2-864\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-864\/","token":"6.2\/II\/8\/8\/6.2-864","dublin_core":{"Title":"Report to Commission of election of director","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-864","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Within 60 days following the election or reelection of any person<\/span> as a director of a bank<\/span>, the bank<\/span> shall furnish to the Commission<\/span> such information as the Commission<\/span> shall from time to time prescribe regarding the director’s personal character, integrity, financial condition, and personal and business background. The report shall be signed under oath<\/span> by the director and a designated officer of the bank<\/span>. Any person<\/span> knowingly making a false statement in such a report is guilty of perjury<\/span> and punishable as provided in \u00a7 18.2-434<\/a>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREPORT TO COMMISSION OF ELECTION OF DIRECTOR (\u00a7 6.2-864)\n\nWithin 60 days following the election or reelection of any person as a director\nof a bank, the bank shall furnish to the Commission such information as the\nCommission shall from time to time prescribe regarding the director’s\npersonal character, integrity, financial condition, and personal and business\nbackground. The report shall be signed under oath by the director and a\ndesignated officer of the bank. Any person knowingly making a false statement in\nsuch a report is guilty of perjury and punishable as provided in \u00a7 18.2-434.\n\nHISTORY: 1968, c. 606, \u00a7 6.1-48.1; 1992, c. 552; 1994, c. 105; 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}}