2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 8 - Banks (6.2-800 thru 6.2-946)
6.2-903 - (Effective October 1, 2010) Revaluation of assets after examination.
§ 6.2-903. (Effective October 1, 2010) Revaluation of assets after examination.
If it appears to the Commission, from an examination of any bank, that any of the bank'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.
(Code 1950, § 6-111; 1966, c. 584, § 6.1-89; 2010, c. 794.)
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