Virginia Contractor Transaction Recovery Act
This is Article 2 of the Code of Virginia, titled “Virginia Contractor Transaction Recovery Act.” It is part of Title 54.1, titled “Professions And Occupations.” It is part of Subtitle II, titled “Professions And Occupations Regulated By The Department Of Professional And Occupational Regulation And Boards Within The Department.” It is part of Chapter 11, titled “Contractors.” It’s comprised of the following 10 sections.
- § 54.1-1118
- Definitions
- § 54.1-1119
- Assessments by Director; assignment to Fund; minimum balance; notice; penalties; costs of administration
- § 54.1-1120
- Recovery from Fund generally
- § 54.1-1121
- Investigations
- § 54.1-1122
- Consideration of applications for payment
- § 54.1-1123
- Limitations upon recovery from Fund; certain actions not a bar to recovery
- § 54.1-1124
- Participation by Board or Director in proceeding
- § 54.1-1125
- Assignment of claimant's rights to Board; payment of claim
- § 54.1-1126
- Repealed
- § 54.1-1127
- No waiver by Board of disciplinary action against regulant