                                 CODE OF VIRGINIA

REVALUATION OF ASSETS AFTER EXAMINATION (§ 6.2-903)

If it appears to the Commission, from an examination of any bank, that any of
the bank&#8217;s assets are valued by the bank at an amount in excess of their
fair and reasonable value, the Commission, after the bank has been given an
opportunity for a hearing before the Commission, may require the bank to revalue
the assets on the basis of their fair and reasonable value.

HISTORY: Code 1950, § 6-111; 1966, c. 584, § 6.1-89; 2010, c. 794.