                                 CODE OF VIRGINIA

AUDITS (§ 6.2-1035)

The Commission may require trust companies or trust company holding companies to
have audits made of their books, records, and methods of operation annually. The
Commission may require such audits to be conducted at any other time that it
appears to the Commission that (i) the internal controls of a trust company or
trust company holding company are not adequate, (ii) it is engaging in unsound
practices, or (iii) its financial condition makes such audit necessary.

HISTORY: 1993, c. 432, § 6.1-32.27; 1995, c. 140; 2010, c. 794.