{"data":{"id":"us-va/va.-code-6.2-912","jurisdiction":"us-va","citation":"Va. Code § 6.2-912","heading":"Definition","body":"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.","path":["Title 6.2. Financial Institutions and Services","Subtitle II. Depository Institutions and Trust Organizations","Chapter 8. Banks","Article 13. RECEIVERSHIPS"],"source_url":"https://law.lis.virginia.gov/vacode/6.2-912/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"343f276c7e01ab80d0bc170ecde7f1f66d9ad74191cd395627cbf899d188198a","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-911","next":"us-va/va.-code-6.2-913"},"notice":"GroundRules: Original legal text. Not legal advice."}