                                 CODE OF VIRGINIA

SPECIAL EXAMINATIONS (§ 6.2-1201)

When (i) written application is made to the Commission by the board of directors
or by the stockholders representing two-fifths of the total outstanding capital
stock of any savings institution incorporated under the laws of and doing
business in the Commonwealth, or (ii) in the judgment of the Commission it may
be necessary for the protection of the public or of persons depositing or
dealing with such savings institution, the Commission shall cause to be made a
special examination of such savings institution. All expenses incident to such
special examination may be charged to the savings institution so examined and
shall be paid by the savings institution so charged.

HISTORY: 1990, c. 247, § 6.1-194.84:1; 2010, c. 794.