A. The Commission may revoke a registration under this chapter upon any of the following grounds:
1. Any violation of the provisions of this chapter or regulations adopted thereunder or of any law or regulation applicable to the conduct of the registrant’s business;
2. Charging fees for cashing items in excess of fees posted at any place of business or filed with the Commission pursuant to § 6.2-2105;
3. Conviction of a felony or misdemeanor involving fraud, misrepresentation, deceit, false swearing, or theft; or
4. Refusal to permit or respond to an investigation by the Commission.
B. For the purposes of this section, acts of any officer, director, member, partner, or principal shall be deemed acts of the registrant.
History
1995, c. 221, § 6.1-442; 2010, c. 794.
