{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-946.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-946.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-946.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-946.html"}],"law_id":71872,"edition_id":1,"section_id":71872,"structure_id":15097,"section_number":"6.2-946","catch_line":"Civil penalties for violation of Commission’s orders","history":"1968, c. 791, \u00a7 6.1-125; 1974, c. 665; 1976, c. 658; 2010, c. 794.","full_text":"A\n\nThe Commission may impose, enter judgment for, and enforce by its process, a civil penalty not exceeding $10,000 upon any bank, or against any of its directors, officers, or employees, who it determines, in proceedings commenced in accordance with the Commission’s Rules, has violated any lawful order of the Commission.B\n\nThe Commission may remove from office any director or officer of a bank for a second or subsequent violation by him of any such order.C\n\nIn all cases the defendant shall have an opportunity to be heard and to introduce evidence, and the right to appeal as provided by law.","order_by":null,"text":{"0":{"id":258945,"text":"The Commission may impose, enter judgment for, and enforce by its process, a civil penalty not exceeding $10,000 upon any bank, or against any of its directors, officers, or employees, who it determines, in proceedings commenced in accordance with the Commission’s Rules, has violated any lawful order of the Commission.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":258946,"text":"The Commission may remove from office any director or officer of a bank for a second or subsequent violation by him of any such order.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":258947,"text":"In all cases the defendant shall have an opportunity to be heard and to introduce evidence, and the right to appeal as provided by law.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"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":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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-946\/","history_text":"

This law was first created in 1968. The record of its establishment is cataloged in chapter 791 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 1974, chapter 665; in 1976, chapter 658; in 2010, chapter 794<\/a>.<\/p>","references":[{"id":69740,"section_number":"6.2-888","catch_line":"Real estate brokerage business of controlled subsidiary","order_by":null,"url":"\/6.2-888\/"}],"refers_to":false,"permalink":{"id":265341,"object_type":"law","relational_id":71872,"identifier":"6.2-946","token":"6.2\/II\/8\/15\/6.2-946","url":"\/6.2-946\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-946\/","token":"6.2\/II\/8\/15\/6.2-946","dublin_core":{"Title":"Civil penalties for violation of Commission’s orders","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-946","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Commission<\/span> may impose, enter judgment<\/span> for, and enforce by its process, a civil penalty<\/span> not exceeding $10,000 upon any bank<\/span>, or against any of its directors, officers, or employees, who it determines, in proceedings commenced in accordance with the Commission<\/span>’s Rules, has violated any lawful order<\/span> of the Commission<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Commission<\/span> may remove from office any director or officer of a bank<\/span> for a second or subsequent violation by him of any such order<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> In all cases the defendant<\/span> shall have an opportunity to be heard and to introduce evidence<\/span>, and the right to appeal<\/span> as provided by law<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCIVIL PENALTIES FOR VIOLATION OF COMMISSION’S ORDERS (\u00a7 6.2-946)\n\nA. The Commission may impose, enter judgment for, and enforce by its process, a\ncivil penalty not exceeding $10,000 upon any bank, or against any of its\ndirectors, officers, or employees, who it determines, in proceedings commenced\nin accordance with the Commission’s Rules, has violated any lawful order\nof the Commission.\n\nB. The Commission may remove from office any director or officer of a bank for a\nsecond or subsequent violation by him of any such order.\n\nC. In all cases the defendant shall have an opportunity to be heard and to\nintroduce evidence, and the right to appeal as provided by law.\n\nHISTORY: 1968, c. 791, \u00a7 6.1-125; 1974, c. 665; 1976, c. 658; 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}}