Powers and Duties of the Commission

  1. Law
  2. Code of Virginia
  3. State Corporation Commission
  4. Powers and Duties of the Commission

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Section
12.1-12

Powers and duties generally

Section
12.1-13

Commission to have powers of court of record; rules and regulations; fines

Section
12.1-14

Commission's power to impose penalties does not relieve from other penalties

Section
12.1-15

Power to compromise and settle; power to waive penalties and charge off delinquent taxes, etc.

Section
12.1-15.1

Power to employ counsel for and indemnify employees

Section
12.1-16

Delegation to employees and agents; Commissioner of Financial Institutions and Commissioner of Insurance

Section
12.1-17

Deposits of funds; means of payment; dishonored payments; receipts for payment