{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-1197.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-1197.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-1197.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-1197.html"}],"law_id":373723,"edition_id":2,"section_id":373723,"structure_id":53174,"section_number":"6.2-1197","catch_line":"False statements; penalty","history":"Code 1950, \u00a7 6-201.62; 1960, c. 402; 1966, c. 584, \u00a7 6.1-192; 1972, c. 796, \u00a7 6.1-195.73; 1985, c. 425, \u00a7 6.1-194.81; 1991, c. 230, \u00a7 6.1-194.147; 2010, c. 794.","full_text":"Any officer, director, or agent of a savings institution who knowingly makes a false statement of the condition of the institution to the Commission is guilty of a Class 6 felony.\n\n","order_by":null,"text":{"0":{"id":1394785,"text":"Any officer, director, or agent of a savings institution who knowingly makes a false statement of the condition of the institution to the Commission is guilty of a Class 6 felony.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53174,"edition_id":2,"name":"Supervision","identifier":"9","label":"article","depth":4,"order_by":9,"parent_id":53165,"metadata":{"child_laws":15,"child_structures":0},"date_created":"2026-08-02 03:12:07","date_modified":"2026-08-02 12:28:04","permalink":{"id":1491485,"object_type":"structure","relational_id":53174,"identifier":"9","token":"6.2\/II\/11\/9","url":"\/6.2\/II\/11\/9\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53165,"edition_id":2,"name":"Savings Institutions","identifier":"11","label":"chapter","depth":3,"order_by":5,"parent_id":53156,"metadata":{"child_laws":106,"child_structures":9},"date_created":"2026-08-02 03:11:54","date_modified":"2026-08-02 12:28:02","permalink":{"id":1491103,"object_type":"structure","relational_id":53165,"identifier":"11","token":"6.2\/II\/11","url":"\/6.2\/II\/11\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53156,"edition_id":2,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":53152,"metadata":{"child_laws":483,"child_structures":51},"date_created":"2026-08-02 03:11:42","date_modified":"2026-08-02 12:27:56","permalink":{"id":1490687,"object_type":"structure","relational_id":53156,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53152,"edition_id":2,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":10,"parent_id":null,"metadata":{"child_laws":961,"child_structures":89},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:53","permalink":{"id":1490251,"object_type":"structure","relational_id":53152,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":373717,"structure_id":53174,"section_number":"6.2-1191","catch_line":"General supervisory powers of Commission","url":"\/6.2-1191\/","token":"6.2\/II\/11\/9\/6.2-1191","metadata":false},{"id":373718,"structure_id":53174,"section_number":"6.2-1192","catch_line":"Regulations","url":"\/6.2-1192\/","token":"6.2\/II\/11\/9\/6.2-1192","metadata":{"court_decisions":""}},{"id":373719,"structure_id":53174,"section_number":"6.2-1193","catch_line":"Statements to be furnished by Commission to directors of savings institutions","url":"\/6.2-1193\/","token":"6.2\/II\/11\/9\/6.2-1193","metadata":false},{"id":373720,"structure_id":53174,"section_number":"6.2-1194","catch_line":"State savings institutions to furnish financial statements and reports","url":"\/6.2-1194\/","token":"6.2\/II\/11\/9\/6.2-1194","metadata":false},{"id":373721,"structure_id":53174,"section_number":"6.2-1195","catch_line":"Examination of state savings institutions and affiliates by Commissioner; report of examination","url":"\/6.2-1195\/","token":"6.2\/II\/11\/9\/6.2-1195","metadata":false},{"id":373722,"structure_id":53174,"section_number":"6.2-1196","catch_line":"Access to books and evidence of debt; examination of directors, officers, and employees under oath","url":"\/6.2-1196\/","token":"6.2\/II\/11\/9\/6.2-1196","metadata":false},{"id":373723,"structure_id":53174,"section_number":"6.2-1197","catch_line":"False statements; penalty","url":"\/6.2-1197\/","token":"6.2\/II\/11\/9\/6.2-1197","metadata":false},{"id":373724,"structure_id":53174,"section_number":"6.2-1198","catch_line":"Audits","url":"\/6.2-1198\/","token":"6.2\/II\/11\/9\/6.2-1198","metadata":false},{"id":373725,"structure_id":53174,"section_number":"6.2-1199","catch_line":"Powers of Commission in case of nonobservance of law, noncompliance with orders, insufficient reserves or insolvency; appointment of Federal Deposit Insurance Corporation as receiver","url":"\/6.2-1199\/","token":"6.2\/II\/11\/9\/6.2-1199","metadata":false},{"id":373726,"structure_id":53174,"section_number":"6.2-1200","catch_line":"Removal of director or officer; appeal; penalty for acting after removal","url":"\/6.2-1200\/","token":"6.2\/II\/11\/9\/6.2-1200","metadata":false},{"id":373727,"structure_id":53174,"section_number":"6.2-1201","catch_line":"Special examinations","url":"\/6.2-1201\/","token":"6.2\/II\/11\/9\/6.2-1201","metadata":false},{"id":373728,"structure_id":53174,"section_number":"6.2-1202","catch_line":"Fees for supervision and regulation; investigations","url":"\/6.2-1202\/","token":"6.2\/II\/11\/9\/6.2-1202","metadata":false},{"id":373729,"structure_id":53174,"section_number":"6.2-1203","catch_line":"Examination of persons believed to be doing business without authority; doing business without authority; penalty","url":"\/6.2-1203\/","token":"6.2\/II\/11\/9\/6.2-1203","metadata":false},{"id":373730,"structure_id":53174,"section_number":"6.2-1204","catch_line":"Compliance by savings institution holding companies with federal regulations constitutes compliance with Commission regulations","url":"\/6.2-1204\/","token":"6.2\/II\/11\/9\/6.2-1204","metadata":false},{"id":373731,"structure_id":53174,"section_number":"6.2-1205","catch_line":"Merger, consolidation or transfer of assets of insolvent or financially unstable savings institution; notice and hearing; final order; priorities; examinations of resulting institutions","url":"\/6.2-1205\/","token":"6.2\/II\/11\/9\/6.2-1205","metadata":false}],"previous_section":{"id":373722,"structure_id":53174,"section_number":"6.2-1196","catch_line":"Access to books and evidence of debt; examination of directors, officers, and employees under oath","url":"\/6.2-1196\/","token":"6.2\/II\/11\/9\/6.2-1196","metadata":false},"next_section":{"id":373724,"structure_id":53174,"section_number":"6.2-1198","catch_line":"Audits","url":"\/6.2-1198\/","token":"6.2\/II\/11\/9\/6.2-1198","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1197\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1960, chapter 402; in 1966, chapter 584; in 1972, chapter 796; in 1985, chapter 425; in 1991, chapter 230; in 2010, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?101+ful+CHAP0794\">794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1491511,"object_type":"law","relational_id":373723,"identifier":"6.2-1197","token":"6.2\/II\/11\/9\/6.2-1197","url":"\/6.2-1197\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-1197\/","token":"6.2\/II\/11\/9\/6.2-1197","dublin_core":{"Title":"False statements; penalty","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1197","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any officer, director, or agent of a <span class=\"dictionary\">savings institution<\/span> who knowingly makes a false statement of the condition of the institution to the <span class=\"dictionary\">Commission<\/span> is guilty of a Class 6 <span class=\"dictionary\">felony<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nFALSE STATEMENTS; PENALTY (\u00a7 6.2-1197)\n\nAny officer, director, or agent of a savings institution who knowingly makes a\nfalse statement of the condition of the institution to the Commission is guilty\nof a Class 6 felony.\n\nHISTORY: Code 1950, \u00a7 6-201.62; 1960, c. 402; 1966, c. 584, \u00a7 6.1-192; 1972,\nc. 796, \u00a7 6.1-195.73; 1985, c. 425, \u00a7 6.1-194.81; 1991, c. 230, \u00a7\n6.1-194.147; 2010, c. 794.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}