{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-903.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-903.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-903.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-903.html"}],"law_id":78909,"edition_id":1,"section_id":78909,"structure_id":15012,"section_number":"6.2-903","catch_line":"Revaluation of assets after examination","history":"Code 1950, \u00a7 6-111; 1966, c. 584, \u00a7 6.1-89; 2010, c. 794.","full_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.","order_by":null,"text":{"0":{"id":282612,"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.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15012,"edition_id":1,"name":"Examinations and Reports","identifier":"12","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:51:30","date_modified":"2026-06-26 03:51:30","permalink":{"id":265141,"object_type":"structure","relational_id":15012,"identifier":"12","token":"6.2\/II\/8\/12","url":"\/6.2\/II\/8\/12\/","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":78192,"structure_id":15012,"section_number":"6.2-898","catch_line":"Examinations","url":"\/6.2-898\/","token":"6.2\/II\/8\/12\/6.2-898","metadata":false},{"id":81198,"structure_id":15012,"section_number":"6.2-899","catch_line":"Examination of affiliates","url":"\/6.2-899\/","token":"6.2\/II\/8\/12\/6.2-899","metadata":false},{"id":61972,"structure_id":15012,"section_number":"6.2-900","catch_line":"Special examinations","url":"\/6.2-900\/","token":"6.2\/II\/8\/12\/6.2-900","metadata":false},{"id":63679,"structure_id":15012,"section_number":"6.2-901","catch_line":"Assistance in making examinations","url":"\/6.2-901\/","token":"6.2\/II\/8\/12\/6.2-901","metadata":false},{"id":78670,"structure_id":15012,"section_number":"6.2-902","catch_line":"Notice of examination","url":"\/6.2-902\/","token":"6.2\/II\/8\/12\/6.2-902","metadata":false},{"id":78909,"structure_id":15012,"section_number":"6.2-903","catch_line":"Revaluation of assets after examination","url":"\/6.2-903\/","token":"6.2\/II\/8\/12\/6.2-903","metadata":false},{"id":69178,"structure_id":15012,"section_number":"6.2-904","catch_line":"Report of examination; inspection and dissemination to directors","url":"\/6.2-904\/","token":"6.2\/II\/8\/12\/6.2-904","metadata":false},{"id":71797,"structure_id":15012,"section_number":"6.2-905","catch_line":"Communications to board or executive committee","url":"\/6.2-905\/","token":"6.2\/II\/8\/12\/6.2-905","metadata":false},{"id":63130,"structure_id":15012,"section_number":"6.2-906","catch_line":"Disclosure of irregularities; Commission's powers","url":"\/6.2-906\/","token":"6.2\/II\/8\/12\/6.2-906","metadata":false},{"id":83204,"structure_id":15012,"section_number":"6.2-907","catch_line":"Reports of condition and other statements","url":"\/6.2-907\/","token":"6.2\/II\/8\/12\/6.2-907","metadata":false},{"id":62085,"structure_id":15012,"section_number":"6.2-908","catch_line":"Fees for supervision and regulation and for certain examinations and investigations","url":"\/6.2-908\/","token":"6.2\/II\/8\/12\/6.2-908","metadata":false},{"id":57247,"structure_id":15012,"section_number":"6.2-909","catch_line":"Assessment and payment of fees; 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The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 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 1966, chapter 584; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":265163,"object_type":"law","relational_id":78909,"identifier":"6.2-903","token":"6.2\/II\/8\/12\/6.2-903","url":"\/6.2-903\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-903\/","token":"6.2\/II\/8\/12\/6.2-903","dublin_core":{"Title":"Revaluation of assets after examination","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-903","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

If it appears to the Commission<\/span>, from an examination of any bank<\/span>, that any of the bank<\/span>’s assets<\/span> are valued by the bank<\/span> at an amount in excess of their fair and reasonable value, the Commission<\/span>, after the bank<\/span> has been given an opportunity for a hearing<\/span> before the Commission<\/span>, may require the bank<\/span> to revalue the assets<\/span> on the basis of their fair and reasonable value.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREVALUATION OF ASSETS AFTER EXAMINATION (\u00a7 6.2-903)\n\nIf it appears to the Commission, from an examination of any bank, that any of\nthe bank’s assets are valued by the bank at an amount in excess of their\nfair and reasonable value, the Commission, after the bank has been given an\nopportunity for a hearing before the Commission, may require the bank to revalue\nthe assets on the basis of their fair and reasonable value.\n\nHISTORY: Code 1950, \u00a7 6-111; 1966, c. 584, \u00a7 6.1-89; 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}}