{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-945.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-945.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-945.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-945.html"}],"law_id":76241,"edition_id":1,"section_id":76241,"structure_id":15097,"section_number":"6.2-945","catch_line":"Receiving deposit knowing bank to be insolvent; penalty","history":"Code 1950, \u00a7 6-3; 1966, c. 584, \u00a7 6.1-124; 2010, c. 794.","full_text":"A\n\nAny officer, director. or employee of any bank, or broker, who takes and receives, or permits to be received, a deposit from any person with the actual knowledge that the bank or broker is at the time insolvent, is guilty of embezzlement. Notwithstanding the provisions of § 18.2-111, an individual convicted of embezzlement pursuant to this section shall be fined double the amount so received and be subject to a term of imprisonment of not less than one nor more than three years, in the discretion of the jury, for each offense.B\n\nOn the trial of any indictment under this section, it shall be the duty of the bank or broker, and its agent or officers, to produce in court, on demand of the attorney for the Commonwealth, all books and papers of the bank or broker, to be read as evidence on the trial of such indictment. In determining the question of the solvency of any bank, the capital stock thereof shall not be considered as a liability due by it.","order_by":null,"text":{"0":{"id":273737,"text":"Any officer, director. or employee of any bank, or broker, who takes and receives, or permits to be received, a deposit from any person with the actual knowledge that the bank or broker is at the time insolvent, is guilty of embezzlement. Notwithstanding the provisions of § 18.2-111, an individual convicted of embezzlement pursuant to this section shall be fined double the amount so received and be subject to a term of imprisonment of not less than one nor more than three years, in the discretion of the jury, for each offense.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":273738,"text":"On the trial of any indictment under this section, it shall be the duty of the bank or broker, and its agent or officers, to produce in court, on demand of the attorney for the Commonwealth, all books and papers of the bank or broker, to be read as evidence on the trial of such indictment. In determining the question of the solvency of any bank, the capital stock thereof shall not be considered as a liability due by it.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":15097,"edition_id":1,"name":"Banking Offenses","identifier":"15","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:52:07","date_modified":"2026-06-26 03:52:07","permalink":{"id":265307,"object_type":"structure","relational_id":15097,"identifier":"15","token":"6.2\/II\/8\/15","url":"\/6.2\/II\/8\/15\/","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":63864,"structure_id":15097,"section_number":"6.2-938","catch_line":"Engaging in banking business without authority; Commission may examine accounts of suspected person; penalty","url":"\/6.2-938\/","token":"6.2\/II\/8\/15\/6.2-938","metadata":false},{"id":63908,"structure_id":15097,"section_number":"6.2-939","catch_line":"Unlawful use of terms indicating that business is bank; penalty","url":"\/6.2-939\/","token":"6.2\/II\/8\/15\/6.2-939","metadata":false},{"id":62194,"structure_id":15097,"section_number":"6.2-940","catch_line":"Making derogatory statements affecting banks; penalty","url":"\/6.2-940\/","token":"6.2\/II\/8\/15\/6.2-940","metadata":false},{"id":57525,"structure_id":15097,"section_number":"6.2-941","catch_line":"Use of bank name, logo, or symbol for marketing purposes; penalty","url":"\/6.2-941\/","token":"6.2\/II\/8\/15\/6.2-941","metadata":false},{"id":57751,"structure_id":15097,"section_number":"6.2-942","catch_line":"False certification of checks; penalty","url":"\/6.2-942\/","token":"6.2\/II\/8\/15\/6.2-942","metadata":false},{"id":82686,"structure_id":15097,"section_number":"6.2-943","catch_line":"Offenses by officer, director, agent, or employee of bank; penalties","url":"\/6.2-943\/","token":"6.2\/II\/8\/15\/6.2-943","metadata":false},{"id":75692,"structure_id":15097,"section_number":"6.2-944","catch_line":"Officers, directors, agents, and employees violating or causing bank to violate laws; civil liability not affected","url":"\/6.2-944\/","token":"6.2\/II\/8\/15\/6.2-944","metadata":false},{"id":76241,"structure_id":15097,"section_number":"6.2-945","catch_line":"Receiving deposit knowing bank to be insolvent; penalty","url":"\/6.2-945\/","token":"6.2\/II\/8\/15\/6.2-945","metadata":false},{"id":71872,"structure_id":15097,"section_number":"6.2-946","catch_line":"Civil penalties for violation of Commission's orders","url":"\/6.2-946\/","token":"6.2\/II\/8\/15\/6.2-946","metadata":false}],"previous_section":{"id":75692,"structure_id":15097,"section_number":"6.2-944","catch_line":"Officers, directors, agents, and employees violating or causing bank to violate laws; civil liability not affected","url":"\/6.2-944\/","token":"6.2\/II\/8\/15\/6.2-944","metadata":false},"next_section":{"id":71872,"structure_id":15097,"section_number":"6.2-946","catch_line":"Civil penalties for violation of Commission's orders","url":"\/6.2-946\/","token":"6.2\/II\/8\/15\/6.2-946","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-945\/","history_text":"

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":[{"id":54258,"section_number":"18.2-111","catch_line":"Embezzlement deemed larceny; indictment","order_by":null,"url":"\/18.2-111\/"}],"permalink":{"id":265337,"object_type":"law","relational_id":76241,"identifier":"6.2-945","token":"6.2\/II\/8\/15\/6.2-945","url":"\/6.2-945\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-945\/","token":"6.2\/II\/8\/15\/6.2-945","dublin_core":{"Title":"Receiving deposit knowing bank to be insolvent; penalty","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-945","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any officer, director. or employee of any bank<\/span>, or broker, who takes and receives, or permits to be received, a deposit from any person<\/span> with the actual knowledge that the bank<\/span> or broker is at the time insolvent, is guilty of embezzlement<\/span>. Notwithstanding the provisions of § 18.2-111<\/a>, an individual convicted of embezzlement<\/span> pursuant to this section shall be fined double the amount so received and be subject to a term of imprisonment of not less than one nor more than three years, in the discretion of the jury<\/span>, for each offense<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> On the trial<\/span> of any indictment<\/span> under this section, it shall be the duty of the bank<\/span> or broker, and its agent or officers, to produce in court<\/span>, on demand of the attorney for the Commonwealth, all books and papers of the bank<\/span> or broker, to be read as evidence<\/span> on the trial<\/span> of such indictment<\/span>. In determining the question of the solvency of any bank<\/span>, the capital stock thereof shall not be considered as a liability due by it. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRECEIVING DEPOSIT KNOWING BANK TO BE INSOLVENT; PENALTY (\u00a7 6.2-945)\n\nA. Any officer, director. or employee of any bank, or broker, who takes and\nreceives, or permits to be received, a deposit from any person with the actual\nknowledge that the bank or broker is at the time insolvent, is guilty of\nembezzlement. Notwithstanding the provisions of § 18.2-111, an individual\nconvicted of embezzlement pursuant to this section shall be fined double the\namount so received and be subject to a term of imprisonment of not less than one\nnor more than three years, in the discretion of the jury, for each offense.\n\nB. On the trial of any indictment under this section, it shall be the duty of\nthe bank or broker, and its agent or officers, to produce in court, on demand of\nthe attorney for the Commonwealth, all books and papers of the bank or broker,\nto be read as evidence on the trial of such indictment. In determining the\nquestion of the solvency of any bank, the capital stock thereof shall not be\nconsidered as a liability due by it.\n\nHISTORY: Code 1950, \u00a7 6-3; 1966, c. 584, \u00a7 6.1-124; 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}}