Article 9 Supervision

This article is comprised of the following sections:
  • §6.2-1191 General supervisory powers of Commission
  • §6.2-1192 Regulations
  • §6.2-1193 Statements to be furnished by Commission to directors of savings institutions
  • §6.2-1194 State savings institutions to furnish financial statements and reports
  • §6.2-1195 Examination of state savings institutions and affiliates by Commissioner; report of examination
  • §6.2-1196 Access to books and evidence of debt; examination of directors, officers, and employees under oath
  • §6.2-1197 False statements; penalty
  • §6.2-1198 Audits
  • §6.2-1199 Powers of Commission in case of nonobservance of law, noncompliance with orders, insufficient reserves or insolvency; appointment of Federal Deposit Insurance Corporation as receiver
  • §6.2-1200 Removal of director or officer; appeal; penalty for acting after removal
  • §6.2-1201 Special examinations
  • §6.2-1202 Fees for supervision and regulation; investigations
  • §6.2-1203 Examination of persons believed to be doing business without authority; doing business without authority; penalty
  • §6.2-1204 Compliance by savings institution holding companies with federal regulations constitutes compliance with Commission regulations
  • §6.2-1205 Merger, consolidation or transfer of assets of insolvent or financially unstable savings institution; notice and hearing; final order; priorities; examinations of resulting institutions