{"data":{"id":"us-va/va.-code-6.2-1361","jurisdiction":"us-va","citation":"Va. Code § 6.2-1361","heading":"Ascertaining value of assets","body":"In ascertaining the value of the assets of a credit union:1. A loan delinquent for more than two but less than six months shall be valued at 90 percent of the unpaid balance;2. A loan delinquent for six months but less than 12 months shall be valued at 75 percent of the unpaid balance; and3. A loan delinquent for 12 months or more shall be treated as of no value.Code 1950, § 6-228; 1964, c. 75; 1966, c. 584, § 6.1-219; 1968, c. 560; 1976, c. 202; 1990, c. 373, § 6.1-225.44; 2010, c. 794.","path":["Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES","Subtitle II. DEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS","Chapter 13. CREDIT UNIONS","Article 8. ACCOUNTS"],"source_url":"https://law.lis.virginia.gov/vacode/6.2-1361/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"1b9c1a7a32feb6a35bddfad9656e17ae2afe095b6c470190b98f61170b6e820e","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-1360","next":"us-va/va.-code-6.2-1362"},"notice":"GroundRules: Original legal text. Not legal advice."}