Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 6.2-912: Definition

Where this section sits in the code

Title 6.2. Financial Institutions and Services
Subtitle II. Depository Institutions and Trust Organizations
Chapter 8. Banks
Article 13. RECEIVERSHIPS

As used in this article, "insolvent" or "insolvency" means incapable of meeting the current demands of creditors or having liabilities which, in total, exceed the book value of assets.Code 1950, § 6-114; 1966, c. 584, § 6.1-100; 1983, c. 507; 2010, c. 794; 2018, c. 257.

Collected 2026-09-04T15:12:34Z. Source file · JSON

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