Supervision and Regulation

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Article 2 of the Code of Virginia, titled “Supervision and Regulation.” It is part of Chapter 13 “Credit Unions”, which is part of Subtitle II “Depository Institutions and Trust Organizations”, which is part of Title 6.2 “Financial Institutions and Services”.

It’s comprised of the following 12 sections.

§ 6.2-1308	Supervision and regulation by Commission
§ 6.2-1309	Examinations
§ 6.2-1310	Fees for examination, supervision, and regulation
§ 6.2-1311	Reports to Commission; penalty for failure to make reports
§ 6.2-1312	Cease and desist orders; right to hearing
§ 6.2-1313	Powers of Commission in case of nonobservance of law, noncompliance with orders, insufficient reserves, or approaching insolvency; appointment of receiver
§ 6.2-1314	Penalties for violation of orders of Commission
§ 6.2-1315	Removal of director or officer; penalty for acting after removal
§ 6.2-1316	Offenses; penalty
§ 6.2-1317	Supervisory merger or transfer of assets of insolvent or financially unstable credit union
§ 6.2-1318	Repealed
§ 6.2-1319	Involuntary dissolution