2018 Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 8 - Banks
§ 6.2-905. Communications to board or executive committee

Universal Citation: VA Code § 6.2-905 (2018)

Each official communication directed by the Commission or any state bank examiner to any bank, or to any officer thereof, relating to an examination or investigation made or caused to be made by the Commission, or containing suggestions or recommendations as to the conduct of the bank, shall, if required by the Commission or examiner submitting the communication, be submitted by the officer or director of the bank receiving it, to the executive committee or board of directors of the bank. The communication shall be duly noted in the minutes of the meeting of the board or executive committee.

Code 1950, § 6-119; 1966, c. 584, § 6.1-91; 2010, c. 794.

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