CODE OF VIRGINIA

SUSPENSION OR REVOCATION OF LICENSE (§ 6.2-2018)

A. The Commission may suspend or revoke any license issued under this chapter
upon any of the following grounds:

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

   2.  Any violation of the provisions of this chapter or regulations adopted by
   the Commission thereunder, or a violation of any other law or regulation
   applicable to the conduct of the licensee’s business;

   3.  A course of conduct consisting of the failure to perform written
   agreements with consumers;

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

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

   6.  Entry of a federal or state administrative order against such licensee for
   violation of any law or any regulation applicable to the conduct of his
   business;

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

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

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

   10.  Insolvency of the licensee.

B. For the purposes of this section, acts of any officer, director, member,
trustee, beneficiary, partner, or principal shall be deemed acts of the
licensee.

HISTORY: 2004, c. 790, § 6.1-363.20; 2010, c. 794.