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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>65334</law_id><section_number>6.2-1314</section_number><catch_line>Penalties for violation of orders of Commission</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="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="1" identifier="13">Credit Unions</unit><unit label="article" level="4" order_by="1" identifier="2">Supervision and Regulation</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> may impose a civil <span class="dictionary">penalty</span> not exceeding $10,000 upon any <span class="dictionary">credit union</span> or against any of its directors, officers, or employees for knowingly or willfully violating any lawful <span class="dictionary">order</span> of the <span class="dictionary">Commission</span>.</p></section></text><history>1976, c. 658, &#xA7; 6.1-223.1; 1990, c. 373, &#xA7; 6.1-225.9; 2010, c. 794.</history><metadata></metadata></law>
