Virginia Statutes
§ 38.2-4704 — Suspension, revocation or failure to renew license; imposition of penalty
Virginia § 38.2-4704
This text of Virginia § 38.2-4704 (Suspension, revocation or failure to renew license; imposition of penalty) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 38.2-4704 (2026).
Text
The Commission may suspend, revoke or refuse to renew a license of any insurance premium finance company whenever it finds that:
1.The licensee has (i) failed to pay the annual license fee, (ii) violated or failed to comply with any of the provisions of this chapter or with any rule or regulation made by the Commission pursuant to this chapter, or (iii) violated or failed to comply with any order, demand, ruling, provision or requirement of the Commission lawfully made pursuant to or within the authority of this chapter; or
2.The licensee no longer meets the standards required for the initial issuance of a license.
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Legislative History
1964, c. 147, § 38.1-739; 1986, c. 562.
Nearby Sections
15
§ 38.2-100
Definitions§ 38.2-1000
Incorporation of domestic stock insurers§ 38.2-1001
Incorporation of domestic mutual insurers§ 38.2-1004
Voting§ 38.2-1005
Certain mutual companies and societies not to become stock companies without approval of Commission§ 38.2-1005.1:1
Definitions§ 38.2-1005.1:10
Conflicts of interest§ 38.2-1005.1:11
Costs and expenses§ 38.2-1005.1:12
Failure to give notice§ 38.2-1005.1:13
Limitation on actionsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 38.2-4704, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-4704.