State Codes and Statutes
Statutes > Virginia > Title-6-2 > Chapter-11 > 6-2-1198§ 6.2-1198. (Effective October 1, 2010) Audits.
The Commission may require a savings institution doing business in theCommonwealth to have an audit made of its books, records and methods ofoperation, whenever it appears to the Commission that the system of internalcontrols is not adequate or that the savings institution is engaging indangerously unsound practices or that the financial condition of theinstitution makes it necessary.
(Code 1950, § 6-201.58; 1960, c. 402; 1966, c. 584, § 6.1-188; 1972, c. 796,§ 6.1-195.68; 1985, c. 425, § 6.1-194.82; 1991, c. 230, § 6.1-194.148; 2010,c. 794.)
