reglab/housing_qa huggingface dataset:
V.I. Code tit. 9, § 203 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter I - Small Loans|§ 203. Penalty

 Any person and the several members, officers, directors, agents and employees thereof who, knowingly, shall violate any provision of this subchapter, shall, upon conviction thereof, be punished by a fine of not less than $100 and not more than $500.
V.I. Code tit. 9, § 204 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter I - Small Loans|§ 204. Review

 In addition to any other available remedy, any person considering himself aggrieved by any act or omission of the Banking Board may, within thirty days from the date of such act, or failure to act, bring an action in the Superior Court of the Virgin Islands to review such act, or failure to act. The hearing before the court shall be based on the record before the Banking Board and its findings and on such new evidence as may be introduced.
V.I. Code tit. 9, § 221 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 221. Tickets

 If any person shall engage in business as a pawnbroker he shall, for any article or thing of value received in pawn or otherwise for the security of any loan, transfer, service, undertaking or advantage, give to the pledgor, or person for whom or for whose benefit the transaction is made or done, a ticket or coupon stating the name and address of such pawnbroker, the property, security or thing received in pawn and the amount loaned thereupon.
V.I. Code tit. 9, § 222 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 222. Prohibited pledges

 No person shall receive in pawn, or as security for any loan, transfer, service, undertaking or advantage, anything of value from any minor or person in a visible state of intoxication from liquors or otherwise, or any article of clothing removed from the person at the place of business of the pawnbroker.
V.I. Code tit. 9, § 223 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 223. Penalty

 Whoever violates any provision of sections 221 and 222 of this title shall be fined not more than $20 or imprisoned not more than thirty days.
V.I. Code tit. 9, § 224 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 224. Licenses

 The Lieutenant Governor shall license suitable persons to carry on the business of pawnbrokers in any city or town for one year, and may revoke such licenses, in his discretion, after a hearing on charges preferred.
V.I. Code tit. 9, § 225 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 225. Fees

 The fee for such license or renewal thereof shall be fixed by the Lieutenant Governor and shall be paid to the city or town in which the license is to be in force. No person in any city or town shall be required to pay a larger fee for said license than is required from any other person in the same city or town for a similar license.
V.I. Code tit. 9, § 226 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 226. Regulations

 The Lieutenant Governor may from time to time establish regulations relative to the business carried on by pawnbrokers.
V.I. Code tit. 9, § 227 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 227. Retention of pledged articles

 Articles deposited in pawn with a licensed pawnbroker shall, unless redeemed, be retained by him, on the premises occupied by him for his business, for at least four months after the date of deposit, if not of a perishable nature; and, if of a perishable nature, for at least one month after said date. Articles of personal apparel shall not be deemed to be of a perishable nature.
V.I. Code tit. 9, § 228 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 228. Sale of pledged articles

 After the expiration of said time he may sell the same by public auction. Notice of such sale shall be given by posting notice thereof in two or more public places in the town where the property is situate, fourteen days before the sale, notice of the sale shall also be given to the general owner, at such time stating in writing the time and place of sale. The balance of the proceeds of sale, if any, after payment of the amount owing and reasonable expenses, shall be paid to the general owner on demand.
V.I. Code tit. 9, § 229 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 229. Waiver of notice and sale at public auction

 If less than $25 has been loaned on any article so taken in pawn the requirement of notice, and of sale by public auction, may be waived by agreement of the parties, made in writing. In other cases the requirement cannot be waived.
V.I. Code tit. 9, § 230 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 230. Interest

 The Lieutenant Governor may fix the rate of interest which such pawnbrokers may receive on loans, and may fix different rates which may be received for different amounts of money lent; and no licensed pawnbroker shall charge or receive a greater rate of interest than that so fixed. The rates of interest so established shall be printed on the loan ticket issued by the pawnbroker.
V.I. Code tit. 9, § 231 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 231. Records

 (a) Every such pawnbroker shall keep a book in which, at the time of making a loan, shall be legibly written in the English language an account and description of the goods, articles or things pawned or pledged, the amount of money loaned thereon, the time of pledging them, the rate of interest to be paid on such loan and the name and residence of the pledgor. (b) In addition to the requirements contained in subsection (a) the transaction must be recorded on forms obtainable from the Virgin Islands Police Department which must include: (1) The date and time of the transaction; (2) A comprehensive description of the item transacted, including any visible identification marks, such as initials, name of manufacturer, model and serial numbers and owner-applied identification numbers or marks; (3) The estimated fair market value of the item transacted; and (4) The name, address, and date of birth of the person from whom the item is received, including proof of identification of the person by a driver's license, passport, resident alien identification or similar credentials. (c) The requirements imposed on a pawnbroker by this section are also binding upon any employee of the pawnbroker or any person acting on the pawnbroker's behalf. (d) The completed form must be transmitted by the pawnbroker to the Virgin Islands Police Department no later than 5 days after the date of the transaction listed on the form.
V.I. Code tit. 9, § 231a (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 231a. Definitions

 (a) For purposes of this subchapter: (1) “Pawnbroker” means any person, corporation, partnership or other business entity conducting business in the Virgin Islands which acquires from a consumer through purchase, barter, or any form of transfer in exchange for money, trade, barter or other valuable consideration precious metals or precious stones as defined in title 27 Virgin Islands Code, chapter 9, section 309, subsections (c) and (d), watches, porcelain or any other item of any kind, except that those established merchants in fixed locations are excluded when the purchase is made directly from manufacturers or wholesalers. (2) “Consumer” means any person who obtains from a pawnbroker money or any form of consideration in exchange for an item. (b)  (1) Any pawnbroker who accepts or exchanges or deals in any manner with precious metals or precious stones as defined in title 27 Virgin Islands Code, chapter 9, section 309, subsections (c) and (d), watches, porcelain or any item of any kind shall install video recording devices in the person's place of business, and all transactions must be video recorded showing the face of the consumer and the date and time of the transaction and must be kept for not less than 90 days after the recording is made. (2) Any pawnbroker who violates paragraph (1) is subject to forfeiture of his business license and is subject to a fine of twice the value of the item transacted.
V.I. Code tit. 9, § 232 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 232. Inspections

 (a) The Lieutenant Governor or his authorized representative may at any time enter upon any premises used by a licensed pawnbroker for the purposes of his business, ascertain how he conducts his business and examine all articles taken in pawn or kept or stored in or upon said premises and all books and inventories relating thereto. Every such pawnbroker, his clerk, agent, servant or other person in charge of the premises shall exhibit to such person on demand any or all of such articles, books and inventories. The book must be kept for inspection for at least five years from the time of the transaction. (b) Pawnbrokers shall have a fixed place of business with an address and a telephone number, and any business conducted in the following designated locations below is prohibited: (1) Within any guestroom, guest unit of a hotel, motel, tourist home or tourist camp; (2) In or about any vehicle parked within an automobile parking compound, automobile parking lot, or parked elsewhere on any lot, parcel, track of land, or public highway, street or sidewalk; or (3) On or about any public highway, street or sidewalk.
V.I. Code tit. 9, § 233 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 15 - Regulation of Small Loans and Pawnbrokers|Subchapter II - Pawnbrokers|§ 233. Penalty

 Whoever, not being licensed, carries on such business or is concerned therein within such city or town; or, being licensed, carries on such business or is concerned therein in any other place or manner than that designated in his license or after notice to him that his license has been revoked; or who wilfully hinders, obstructs or prevents any person from entering the premises or from making the examination authorized in the preceding section; or who otherwise violates any provision of this subchapter, shall be fined not more than $50, or imprisoned not more than sixty days, or both.
V.I. Code tit. 9, § 281 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 281. Organization

 Fifteen or more persons of age, residents of this territory, may form an association as provided in this subchapter. Associations formed under the provisions of this subchapter shall be known as cooperative savings and loan associations, and the name of every association so formed shall contain as a part thereof the words “savings and loan association” or “building and loan association.”
V.I. Code tit. 9, § 282 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 282. Powers

 Associations may become members of the Federal Home Loan Bank system, may subscribe for and invest in stock of the Federal Home Loan Bank, and may secure insurance of its thrift accounts and creditor liabilities from the Federal Savings and Loan Insurance Corporation, and may insure their mortgages through such federal agency or agencies as may be available. They may borrow money from any source to meet withdrawals or extraordinary demands, to make real estate loans to their members or for other corporate purposes and may pledge its securities for such loans, but the aggregate amount of the outstanding indebtedness shall not at any time exceed 25 percent of the outstanding assets of an association not a member of the Federal Home Loan Bank and not to exceed 50 percent of the assets of an association which is a member of the Federal Home Loan Bank and the Federal Savings and Loan Insurance Corporation. A real estate loan shall be deemed to include a loan on unimproved real estate.
V.I. Code tit. 9, § 283 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 283. Investments

 In the absence of a demand for loans or in the regular course of business, accumulations of funds may be invested as follows: (1) cash on hand; (2) deposit in any bank or trust company incorporated under the laws of this territory or national banking association having its principal place of business in this territory and in the Federal Home Loan Bank; (3) in any financial institution doing business in any of the states of the United States when such deposits are insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation; (4) obligations of the United States, whether direct or indirect; (5) an amount not to exceed 10 percent of the assets of an association in bonds and notes of any of the states of the United States or in the securities issued by the Federal Home Loan Bank system; (6) on vote of two-thirds of the directors such accumulation may also be invested in notes of other associations incorporated under the provisions of this subchapter, with first mortgages as collateral, provided such loans shall not exceed two-thirds of the value of the mortgages taken as collateral, and not more than 10 percent of the assets of any association shall be loaned to another association; (7) an association may purchase and maintain real estate for its use and occupancy in the transaction of its business when authorized so to do by a two-thirds vote of its board of directors and a two-thirds vote of its shareholders voting at a meeting of the shareholders duly warned for that purpose, the cost of the same not to exceed 6 percent of its share accounts.
V.I. Code tit. 9, § 284 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 284. Purchase and sale of real estate

 Such association may purchase real estate at a public or private sale, upon which it has a mortgage, judgment, lien or other encumbrance, or in which it has an interest, and may sell, convey, lease or mortgage the same at pleasure to any person.
V.I. Code tit. 9, § 285 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 285. Incorporation; articles of incorporation

 Incorporation of such an association shall be accomplished in the following manner: (1) fifteen or more persons shall make and sign a certificate stating the name of such association, the fact that the association is formed under and for the purposes prescribed in this subchapter, the town or city where the association is located; (2) such certificate shall be filed in the office of the Lieutenant Governor, who shall issue his certificate, declaring the facts contained in such original certificate, and the filing and recording thereof in his office; (3) such certificate shall thereupon be filed with the Banking Board. Thereupon, the persons named in the original certificate, their associates and successors shall become a corporate body.
V.I. Code tit. 9, § 286 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 286. Account holders as members; minors

 Any person, corporation, partnership, association, agent, guardian, executor, administrator or trustee may become a member of such association by opening an account therein, subscribing to the bylaws, and annexing to his signature his post-office address. Whenever he desires his post-office address changed, he shall give written notice thereof to the secretary of the association. For the purpose of giving a member notice by mail, the last post-office address given by him shall be deemed the proper one. A minor may hold an account in an association in his own name and the account with its redemption value shall not be subject to the control of his parent, guardian or trustee and a receipt of acquittance signed by a minor, who is an account holder, shall be a valid and sufficient release and discharge of an association for any payment of an account, or delivery of rights, to such minor.
V.I. Code tit. 9, § 287 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 287. Borrowers as members; voting rights

 Every person who shall receive a loan from any such association pursuant to this subchapter shall thereby become a member thereof and shall be entitled to one vote at all meetings of the members thereof, whether he be a shareholder or not.
V.I. Code tit. 9, § 288 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 288. Officers, duties, meetings, voting

 The officers of such association shall consist of a president, vice-president, treasurer and secretary, who shall be ex officio members of the board of directors, which shall consist of not less than five members, exclusive of such ex officio members. Other officers may be authorized by the bylaws. The secretary and at least two-thirds of the directors of an association shall be residents of this territory and a vacancy in the board of directors or in any office of an association shall be filled by the remaining members of the board. The duties, compensation, term of office, time of election of officers, and the time of periodical meetings of the officers and shareholders shall be determined by the bylaws; except that the board of directors shall annually determine the compensation of the secretary and treasurer. Special meetings of the officers and shareholders shall be called and held as provided by the bylaws. Each shareholder, not in arrears for dues, shall be entitled to one vote at all meetings of the shareholders, for each share owned by him or held by him as trustee, but not to exceed fifty votes for any one account. All borrowers are deemed to be members and shall have at least one vote. All officers shall hold office until their successors are duly elected and assume the duties of the office. An association shall not expire from neglect on its part to elect officers at the time prescribed by the bylaws.
V.I. Code tit. 9, § 289 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 289. Bylaws; attorney

 Such association may adopt bylaws, not inconsistent with the provisions of this subchapter, regulating the conduct of the business of the association, defining the duties of officers and committees, times of meeting, mode of determining and declaring the withdrawing values of shares, and in relation to all other matters having reference to the conduct of the business, although not specifically mentioned in this subchapter. The board of directors may appoint and remove at pleasure an attorney for the association.
V.I. Code tit. 9, § 290 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 290. Capital and shares

 (a) The capital of such association shall consist of the accumulated savings of its members which it holds, and shall be unlimited. (b) The shares shall be issued in annual, semiannual or quarterly series, in such amounts in each series and at such times as shall be determined by the board of directors. Shares of prior series may be issued after the issuing of shares in a new series. (c) The capital shall be divided into shares of the matured value of $200, $300 and $400 each. (d) Prepaid shares may be issued as subscribed upon the payment by the subscriber of a lump sum and such shares shall be permitted to stand until the dividends declared and credited thereon pay the same up to their matured value. (e) Full paid income shares may be issued as subscribed upon payment in full of the matured value thereof by the subscriber, dividends to be paid thereon at rates determined from time to time by the board of directors. (f) Savings shares may be issued and savings share accounts maintained in connection therewith, with the approval of the directors. A passbook shall be issued to the holder of a savings share account and the association may accept payments, to be held by the association in such accounts, subject, however, to withdrawals therefrom by the holder from time to time. Each $200 of the balance from time to time in any such account shall represent one savings share. There shall be credited to each savings share account of $5 or more at every distribution date, dividends at rates determined from time to time by the directors. (g) Shares which have not been pledged as collateral security for the repayment of a loan shall be called unpledged shares. Shares that have been so pledged shall be called pledged shares. (h) A person shall not hold shares of a matured value in excess of $25,000. (i) Shares of a matured value of $300 and $400 shall be available to borrowing members only.
V.I. Code tit. 9, § 291 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 291. Transfer of shares

 Transfers of shares shall not be binding upon the association until the same have been made upon its books. The transferee thereof shall take the same charged with all the liabilities and conditions attaching thereto in the hands of the transferor. The association may require a transfer fee of not exceeding 25 cents a share.
V.I. Code tit. 9, § 292 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 292. Exemption of share accumulations from levy

 All accumulations upon shares in such association held by any person shall be exempt from attachment, levy and garnishment, to the amount of $1,000.
V.I. Code tit. 9, § 293 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 19 - Savings and Loan Associations|Subchapter I - Domestic Associations|§ 293. Retirement of unpledged shares

 The board of directors in its discretion and under rules made by it may retire the unpledged shares of any class at any time after four years from the date of their issue, by enforcing withdrawals of the same. However, the shareholders whose shares are to be retired shall be determined by lot, and they shall be paid the full value of their shares, less all fines and proportionate part of unadjusted loss, and shares pledged for share loans shall be treated as unpledged shares.