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Virginia regulations · Through 2026 Regular Session (effective July 1, 2026)

10VAC5-230-60: Advertising

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Where this section sits in the code
  1. Title 10. Finance And Financial Institutions
  2. Agency 5. State Corporation Commission
  3. Chapter 230. Debt Settlement Services Providers

A. A licensee shall disclose the following information in its advertisements:

1. The name of the licensee as set forth in the license issued by the commission.

2. A statement that the licensee is "licensed by the Virginia State Corporation Commission."

3. The license number assigned by the commission to the licensee (i.e., DSP-XXX).

B. A licensee shall not deliver or cause to be delivered to a consumer any envelope or other written material that gives the false impression that the mailing or written material is an official communication from a governmental entity.

C. Every licensee shall retain for at least three years after it is last published, delivered, transmitted, or made available, an example of every advertisement used, including solicitation letters, print media proofs, commercial scripts, recordings of all radio and television broadcasts, and Internet web pages. A licensee may retain copies of its advertisements in electronic form.

Collected 2026-09-14T04:49:35Z. Source file · JSON

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