Virginia Code 6.2-1064: Civil penalties for violation of Commission’s orders.
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A. The Commission may impose, enter judgment for, and enforce by its process, a civil penalty not exceeding $10,000 upon any trust subsidiary or against any of its directors, officers, or employees, who it determines, in proceedings commenced in accordance with the Commission’s Rules, has violated any lawful order of the Commission.
Terms Used In Virginia Code 6.2-1064
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Commission: means the State Corporation Commission. See Virginia Code 6.2-100
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Process: includes subpoenas, the summons and complaint in a civil action, and process in statutory actions. See Virginia Code 1-237
B. The Commission may remove from office any director or officer of a trust subsidiary for a second or subsequent violation by him of any such order.
C. In all cases the defendant shall have an opportunity to be heard and to introduce evidence, and the right to appeal as provided by law.
1968, c. 791, § 6.1-125; 1974, c. 665; 1976, c. 658; 2010, c. 794.