The SRIS Law Group defends clients charged with reckless driving regularly before the different traffic courts in Virginia.
Two of most regularly charged reckless driving offenses in Virginia are reckless driving by speed and reckless driving general.
Please seriously consider calling our firm if you have been charged with reckless driving in Virginia. We have client meeting locations in Fairfax, Richmond, Loudoun, Lynchburg, Fredericksburg, Prince William and Virginia Beach.
Fairfax Traffic Court
Virginia 46.2-862 Reckless Driving Statute
§ 46.2-862. Exceeding speed limit.
A person shall be guilty of reckless driving who drives a motor vehicle on the highways in the Commonwealth (i) at a speed of twenty miles per hour or more in excess of the applicable maximum speed limit or (ii) in excess of eighty miles per hour regardless of the applicable maximum speed limit.
Virginia 46.2-852 Reckless Driving Statute
§ 46.2-852. Reckless driving; general rule.
Irrespective of the maximum speeds permitted by law, any person who drives a vehicle on any highway recklessly or at a speed or in a manner so as to endanger the life, limb, or property of any person shall be guilty of reckless driving.
Virginia 46.2-865 Reckless Driving Statute
46.2-865. Racing; penalty.
Any person who engages in a race between two or more motor vehicles on the highways in the Commonwealth or on any driveway or premises of a church, school, recreational facility, or business property open to the public in the Commonwealth shall be guilty of reckless driving, unless authorized by the owner of the property or his agent. When any person is convicted of reckless driving under this section, in addition to any other penalties provided by law the driver’s license of such person shall be suspended by the court for a period of not less than six months nor more than two years. In case of conviction the court shall order the surrender of the license to the court where it shall be disposed of in accordance with the provisions of § 46.2-398.
Most people are shocked that if you do donuts in a parking lot, you can be charged with reckless driving in Virginia. If you spin your tires, you can be charged with reckless driving in Virginia. Keep in mind that in Virginia, reckless driving is not a traffic offense. It is a criminal offense. Virginia has some of the strictest driving laws in the entire country. Be very careful about violating the different Virginia driving laws.
Talk to an experienced reckless driving lawyer who has gone before the different county traffic courts and knows how the different county traffic courts rule on reckless driving offenses.
Our Virginia traffic lawyers can and will do their best to help you. We are a simple phone call away.
As an added bonus, the following is a federal statute you might find relevant.
(B) Relevant information regarding the performance of the underlying credit exposure(s), for example, the percentage of loans 30, 60, and 90 days past due; default rates; prepayment rates; loans in foreclosure; property types; occupancy; average credit score or other measures of creditworthiness; average loan-to-value ratio; and industry and geographic diversification data on the underlying exposure(s);
(C) Relevant market data of the securitization, for example, bid-ask spreads, most recent sales price and historical price volatility, trading volume, implied market rating, and size, depth and concentration level of the market for the securitization; and
(D) For resecuritization positions, performance information on the underlying securitization exposures, for example, the issuer name and credit quality, and the characteristics and performance of the exposures underlying the securitization exposures; and
(ii) On an on-going basis (no less frequently than quarterly), evaluate, review, and update as appropriate the analysis required under paragraph (f)(1) of this section for each securitization position.
Section 11. Simplified Supervisory Formula Approach
(a) General requirements. To use the SSFA to determine the specific risk-weighting factor for a securitization position, a bank holding company must have data that enables it to assign accurately the parameters described in paragraph (b) of this section. Data used to assign the parameters described in paragraph (b) of this section must be the most currently available data and no more than 91 calendar days old. A bank holding company that does not have the appropriate data to assign the parameters described and defined, for purposes of this section, in paragraph (b) of this section must assign a specific risk-weighting factor of 100 percent to the position.
(b) SSFA parameters. To calculate the specific risk-weighting factor for a securitization position using the SSFA, a bank holding company must have accurate information on the five inputs to the SSFA calculation described in paragraphs (b)(1) through (b)(5) of this section:
(1) KG is the weighted-average (with unpaid principal used as the weight for each exposure) total capital requirement of the underlying exposures calculated using the [general risk-based capital rules]. KG is expressed as a decimal value between zero and 1 (that is, an average risk weight of 100 percent represents a value of KG equal to .08).
(2) Parameter W is expressed as a decimal value between zero and one. Parameter W is the ratio of the sum of the dollar amounts of any underlying exposures within the securitized pool that meet any of the criteria as set forth in paragraphs (i) through (vi) of this paragraph (b)(2) to the ending balance, measured in dollars, of underlying exposures:
(i) Ninety days or more past due;
(ii) Subject to a bankruptcy or insolvency proceeding;
(iii) In the process of foreclosure;
(iv) Held as real estate owned;
(v) Has contractually deferred interest payments for 90 days or more; or
(vi) Is in default.
(3) Parameter A is the attachment point for the position, which represents the threshold at which credit losses will first be allocated to the position. Parameter A equals the ratio of the current dollar amount of underlying exposures that are subordinated to the position of the bank holding company to the current dollar amount of underlying exposures. Any reserve account funded by the accumulated cash flows from the underlying exposures that is subordinated to the position that contains the bank holding company’s securitization exposure may be included in the calculation of parameter A to the extent that cash is present in the account. Parameter A is expressed as a decimal value between zero and one.
Our law firm assist clients in VA MD MA.
When a client is faced with a serious legal issue in Virginia, Maryland or Massachusetts, then they should serious consider calling the SRIS Law Group.
Our attorneys assist clients with the following types of legal issues:
We have client meeting locations in Virginia, Maryland & Massachusetts.
Fairfax Traffic Court
Our Fairfax County Criminal Lawyer attorneys and staff speak following languages Tamil, Hindi, Telugu, Mandarin and Spanish.
Due to our experience in defending clients charged with the above types of legal issues, we routinely appear before the courts in Virginia, Maryland & Massachusetts.
Our attorneys are also licensed to appear in the federal district courts of Virginia, Maryland & Massachusetts.
If you need help with certain types of federal cases, please feel free to call us and discuss your legal issue with us.