Code of Virginia § 6.2-905. Communications to board or executive committee.
112 words·~1 min read·
/va/title-6-2/chapter-8/6-2-905A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 .