6.1-225.39 - (Repealed effective October 1, 2010) Special audit. - Virginia Statutes

§ 6.1-225.39. (Repealed effective October 1, 2010) Special audit.

The Commissioner may require a credit union to have an independent audit madeof its books, records, and methods of operation by a certified publicaccountant or other qualified person or firm approved by the Commissioner,whenever it appears to the Commissioner that the system of internal controlspertaining to such credit union is not adequate, or that such credit union isengaging in unsafe or unsound practices, or that the financial condition ofsuch credit union makes such an audit necessary.

(1976, c. 658, § 6.1-213.1; 1990, c. 373.)