Virginia Statutes

§ 54.1-2118 — Payment of claim; assignment of claimant's rights to Board

Virginia § 54.1-2118

JurisdictionVirginia

Title 54.1PROFESSIONS AND OCCUPATIONS

Subtitle IIPROFESSIONS AND OCCUPATIONS REGULATED BY THE DEPARTMENT OF PROFESSIONAL AND OCCUPATIONAL REGULATION AND BOARDS WITHIN THE DEPARTMENT

Ch. 21REAL ESTATE BROKERS, SALES PERSONS AND RENTAL LOCATION AGENTS

Art. 2VIRGINIA REAL ESTATE TRANSACTION RECOVERY ACT

This text of Virginia § 54.1-2118 (Payment of claim; assignment of claimant's rights to Board) 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. § 54.1-2118 (2026).

Text

The Director shall, subject to the provisions of § 54.1-2116, pay to the claimant from the fund such amount as shall be directed by the Board upon the execution and delivery to the Director by such claimant of an assignment to the Board of the claimant's rights against the regulant to the extent that such rights were satisfied from the fund.

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Legislative History

1977, c. 69, § 54-765.7; 1987, c. 555; 1988, c. 765.

Nearby Sections

15

§ 54.1-100

Regulations of professions and occupations

§ 54.1-100.1

Department of Commerce continued as Department of Professional and Occupational Regulation

§ 54.1-1000

§ 54.1-101

Copies of examinations filed by regulatory boards

§ 54.1-101.1

Certified mail; subsequent mail or notices may be sent by regular mail

§ 54.1-102

Unlawful procurement of certificate, license or permit; unauthorized possession of examination or answers; penalty

§ 54.1-103

Additional training of regulated persons; reciprocity; endorsement

§ 54.1-104

Suspension of license, certificate, registration, permit, or authority for dishonor of fee payment; reinstatement

§ 54.1-104.1

License, certificate, registration, permit, or authority may not be suspended or revoked solely on the basis of default or delinquency in payment of federal-guaranteed or state-guaranteed education loan or scholarship

§ 54.1-105

Majority of board or panel required to suspend or revoke license, certificate, registration, permit, or multistate licensure privilege; imposition of sanctions

§ 54.1-106

Health care professionals rendering services to patients of certain clinics and administrators of such services exempt from liability

§ 54.1-106.1

Notification to licensees of the Board of Medicine about immunity for health care services to patients of free clinics

§ 54.1-107

Appointments, terms and removal of members of regulatory boards; citizen members

§ 54.1-108

Disclosure of official records

§ 54.1-109

Reviews and appeals

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Bluebook (online)

Virginia § 54.1-2118, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/54.1/54.1-2118.