                                 CODE OF VIRGINIA

OFFENSES BY OFFICER, DIRECTOR, AGENT OR EMPLOYEE OF TRUST SUBSIDIARY; PENALTIES
(§ 6.2-1062)

A. Any officer, director, agent, or employee of any trust subsidiary who
embezzles, abstracts, or willfully misapplies any of the moneys, funds or
credits of, or in the possession or control of the trust subsidiary is guilty of
larceny and subject to the penalties provided in &#xA7; 18.2-95 or 18.2-96.

B. Any officer, director, agent or employee of any trust subsidiary who (i)
issues or puts forth any certificate of deposit, (ii) draws any order or bill of
exchange, (iii) makes any acceptance, (iv) assigns any note, bond, draft, bill
of exchange, mortgage, judgment, decree or other instrument in writing, or (v)
makes any false entry in any book, report or statement of such trust subsidiary
with intent in any case to injure or defraud the trust subsidiary, or any other
individual or entity, or to deceive any officer of the trust subsidiary or the
Commission, or any agent or examiner authorized to examine the affairs of the
trust subsidiary, and any person, who, with like intent, aids or abets any such
officer, director, agent or employee of such trust subsidiary in any act
described in clauses (i) through (v), is guilty of a Class 5 felony.

C. Any officer of a trust subsidiary who knowingly makes a false statement of
the condition of any trust subsidiary is guilty of a Class 5 felony.

HISTORY: Code 1950, §§ 6-128, 6-138; 1966, c. 584, § 6.1-122; 1974, c. 665;
2010, c. 794.