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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>81788</law_id><section_number>6.2-102</section_number><catch_line>Use of funds collected under this title</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="1" identifier="I">General Provisions</unit><unit label="chapter" level="3" order_by="1" identifier="1">Definitions and General Provisions</unit><unit label="article" level="4" order_by="1" identifier="2">General Provisions</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> All fees assessed under any provision of this title and paid into the state treasury shall be deposited to a special fund designated &#x201C;<span class="dictionary">Financial Institutions</span> Special Fund &#x2014; State Corporation <span class="dictionary">Commission</span>,&#x201D; and out of such special fund and the unexpended balance thereof shall be appropriated the sums necessary for the regulation, supervision, and examination of all entities subject to regulation under this title. The <span class="dictionary">Commission</span> shall have the authority to maintain a reasonable margin in the nature of a reserve in the <span class="dictionary">Financial Institutions</span> Special Fund for the expenses of operating the <span class="dictionary">Bureau</span>. <a id="paragraph-293058" class="section-permalink" href="https://vacode.org/6.2-102/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> In <span class="dictionary">order</span> to provide additional funds for the operation of the <span class="dictionary">Bureau</span>, the <span class="dictionary">Commission</span> is authorized to increase the fees and assessments for the examination and supervision of banks, trust companies, savings institutions, industrial loan associations, credit unions, consumer finance licensees, mortgage lenders, and mortgage brokers by an amount not to exceed 50 percent of the fees and assessments provided for in &#xA7;&#xA7; <a class="law" title="Fees for supervision and regulation and for certain examinations and investigations" href="/6.2-908/">6.2-908</a>, <a class="law" title="Fees" href="/6.2-1033/">6.2-1033</a>, <a class="law" title="Fees for supervision and regulation; investigations" href="/6.2-1202/">6.2-1202</a>, <a class="law" title="Fees for examination, supervision, and regulation" href="/6.2-1310/">6.2-1310</a>, <a class="law" title="Annual fees" href="/6.2-1414/">6.2-1414</a>, <a class="law" title="Fees for examination, supervision and regulation" href="/6.2-1532/">6.2-1532</a>, and <a class="law" title="Annual fees" href="/6.2-1612/">6.2-1612</a>. <a id="paragraph-293059" class="section-permalink" href="https://vacode.org/6.2-102/#B"><i class="fa fa-link"/></a></p></section></text><history>Code 1950, &#xA7; 6-4; 1966, c. 584, &#xA7; 6.1-2; 1974, c. 183; 1987, cc. 556, 558; 1988, c. 303; 1993, cc. 419, 432; 1994, c. 312; 2010, c. 794.</history><metadata></metadata></law>
