Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-388 Prohibitions and penalties; injunction

§ 6.1-388. Prohibitions and penalties; injunction

To the extent provided for therein, financial institution holding companies subject to the laws of this Commonwealth shall be subject to the penalties set forth in §§ 6.1-114 and 6.1-125. Any company violating any provision of this chapter or any regulation promulgated thereunder shall be subject to injunction by the Commission or by a court of competent jurisdiction on motion of any party in interest. In addition, such company shall be subject to a penalty of not more than $1,000 per day for each day the violation continues.

(1978, c. 683; 1983, c. 194.)

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Last modified: April 16, 2009