The Commission may require any financial institution holding company that controls a Virginia financial institution to furnish such reports as it deems appropriate to the proper supervision of such holding companies. Unless the Commission determines otherwise, reports prepared for federal authorities may be submitted by such holding company in satisfaction of the requirements of this section. If, in the judgment of the Commission, such information and reports are inadequate for the Commission's intended purposes, the Commission may examine any such financial institution holding company and any subsidiary doing business in the Commonwealth.
1978, c. 683, § 6.1-384; 1983, c. 194; 2010, c. 794.
Structure Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 7 - Acquisitions of Interests in Financial Institutions
§ 6.2-702. Registration; authority to transact business
§ 6.2-705. Investigation of application
§ 6.2-706. Cooperative agreements with other regulatory authorities
§ 6.2-707. Reports and examinations
§ 6.2-708. Unsafe or unsound practices; cease and desist orders
§ 6.2-709. Conformity with federal forms
§ 6.2-710. Regulations excluding financial institution holding companies from this chapter
§ 6.2-711. Civil penalties; injunction