Virginia § 6.2-1716 Suspension or revocation of license

Virginia Statutes

§ 6.2-1716 — Suspension or revocation of license

Virginia § 6.2-1716

Title 6.2FINANCIAL INSTITUTIONS AND SERVICES

Subtitle IIIOTHER REGULATED PROVIDERS OF FINANCIAL SERVICES

Ch. 17MORTGAGE LOAN ORIGINATORS

This text of Virginia § 6.2-1716 (Suspension or revocation of license) 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. § 6.2-1716 (2026).

Text

The Commission may suspend or revoke any license issued under this chapter based upon:

1.Any ground sufficient for denial of the issuance of a license under this chapter;

2.Any violation of the provisions of this chapter or regulations adopted by the Commission pursuant thereto, or a violation of any other law or regulation applicable to the conduct of the licensee's licensed activities;

3.Conviction of a felony or misdemeanor involving fraud, misrepresentation, or deceit;

4.Entry of a judgment against a licensee involving fraud, misrepresentation, or deceit;

5.Entry of a federal or state administrative order against a licensee for violation of any law or any regulation applicable to the conduct of his licensed activities;

6.Refusal to permit an investigation or examination by

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The Commission may suspend or revoke any license issued under this chapter based upon:

1. Any ground sufficient for denial of the issuance of a license under this chapter;

2. Any violation of the provisions of this chapter or regulations adopted by the Commission pursuant thereto, or a violation of any other law or regulation applicable to the conduct of the licensee's licensed activities;

3. Conviction of a felony or misdemeanor involving fraud, misrepresentation, or deceit;

4. Entry of a judgment against a licensee involving fraud, misrepresentation, or deceit;

5. Entry of a federal or state administrative order against a licensee for violation of any law or any regulation applicable to the conduct of his licensed activities;

6. Refusal to permit an investigation or examination by the Commission;

7. Failure to pay any fee or assessment imposed by this chapter;

8. Failure to comply with any order of the Commission; or

9. Failure to maintain registration with, or a unique identifier from, the Registry.