Virginia Administrative Code
Title 10 - FINANCE AND FINANCIAL INSTITUTIONS
Agency 5 - STATE CORPORATION COMMISSION
Chapter 30 - SAVINGS INSTITUTION HOLDING COMPANIES
Section 10VAC5-30-90 - Cease and desist order
Universal Citation: 0 VA Admin Code 5-30-90
Current through Register Vol. 41, No. 3, September 23, 2024
If the Commission finds that any action or activity, current or proposed, of a state savings institution holding company, or of any affiliate or subsidiary thereof, is detrimental to the safety or soundness of any state savings institution, the Commission, after reasonable notice to the holding company and an opportunity for it to be heard, may order the holding company to cease and desist from such action or activity.
Statutory Authority
§ 6.2-1192 of the Code of Virginia.
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