Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-292 Regulation and supervision by Commission; delegation of powers and duties

§ 6.1-292. Regulation and supervision by Commission; delegation of powers and duties

All powers and duties of regulation and supervision conferred and imposed by this chapter are, except as otherwise specifically stated, vested in and imposed upon the Commission, but it may delegate to the Commissioner the exercise of such of these powers and the performance of such of these duties as it deems proper, subject to its supervision and control.

(Code 1950, § 6-321; 1966, c. 584.)

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Last modified: April 2, 2009