                                 CODE OF VIRGINIA

EXAMINATIONS (§ 6.2-1309)

A. Each credit union shall be examined as often as the Commission deems that an
examination is in the interest of its members, provided that an examination
shall be conducted at least twice in every three-year period. The examiners
shall be given free access to all books, papers, securities, and other sources
of information in respect to the credit union. For the purpose of making an
examination, the Commission may subpoena and examine personally witnesses under
oath, whether such witnesses are members of the credit union or not, and may
require the production of any documents, whether such documents are documents of
the credit union or not.

B. All expenses incident to any special examination which may be necessary shall
be paid by the credit union so examined.

HISTORY: Code 1950, § 6-230; 1956, c. 176; 1966, c. 584, § 6.1-221; 1976, c.
658; 1981, c. 521; 1990, c. 373, § 6.1-225.4; 2010, c. 794.