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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 6.2-1716: Suspension or revocation of license

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Where this section sits in the code
  1. Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES
  2. Subtitle III. OTHER REGULATED PROVIDERS OF FINANCIAL SERVICES
  3. Chapter 17. MORTGAGE LOAN ORIGINATORS

The Commission may suspend or revoke any license issued under this chapter based upon:1. Any ground sufficient for denial of the issuance of a license under this chapter;2. Any violation of the provisions of this chapter or regulations adopted by the Commission pursuant thereto, or a violation of any other law or regulation applicable to the conduct of the licensee's licensed activities;3. Conviction of a felony or misdemeanor involving fraud, misrepresentation, or deceit;4. Entry of a judgment against a licensee involving fraud, misrepresentation, or deceit;5. Entry of a federal or state administrative order against a licensee for violation of any law or any regulation applicable to the conduct of his licensed activities;6. Refusal to permit an investigation or examination by the Commission;7. Failure to pay any fee or assessment imposed by this chapter;8. Failure to comply with any order of the Commission; or9. Failure to maintain registration with, or a unique identifier from, the Registry.2009, cc. 273, 453, § 6.1-431.17; 2010, c. 794.

Collected 2026-09-04T15:12:34Z. Source file · JSON

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