CODE OF VIRGINIA FORFEITURE OF BUSINESS LICENSE OR REGISTRATION UPON CONVICTION OF SALE OR DISTRIBUTION OF IMITATION CONTROLLED SUBSTANCE; MONEY LAUNDERING (§ 18.2-246.5) Any person, firm or corporation holding a license or registration to operate any business as required by either state or local law shall forfeit such license or registration upon conviction of a violation of (i) § 18.2-248 relating to an imitation controlled substance or (ii) § 18.2-246.3 relating to money laundering. Upon a conviction under this section the attorney for the Commonwealth shall notify any appropriate agency. HISTORY: 1999, c. 348.