{"data":{"id":"us-va/va.-code-6.2-2036","jurisdiction":"us-va","citation":"Va. Code § 6.2-2036","heading":"Other reporting requirements","body":"A. Within 15 days following the occurrence of any of the following events, a licensee shall file a written report with the Commission describing such event and its expected impact on the business of the licensee:1. The filing of bankruptcy, reorganization, or receivership proceedings by or against the licensee;2. The institution of administrative or regulatory proceedings against the licensee by any governmental authority;3. Any felony indictments of the licensee or any of its members, partners, directors, officers, trustees, beneficiaries, or principals, if known;4. Any felony conviction of the licensee or any of its members, partners, directors, officers, trustees, beneficiaries, or principals, if known;5. The institution of an action against the licensee under the Virginia Consumer Protection Act (§ 59.1-196 et seq.) by the Attorney General or any other governmental authority; or6. Such other event as the Commission may prescribe by regulation.B. Within 30 days of judgment against the licensee in a civil action relating to the debt settlement services agreement of a consumer, a licensee shall file a written report with the Commission describing such event and its expected impact on the business of the licensee.C. Within 10 days of receipt of any qualified audit, a licensee shall notify the Commission and describe what steps are being taken to address concerns raised in the audit.2020, c. 785.","path":["Title 6.2. Financial Institutions and Services","Subtitle III. Other Regulated Providers of Financial Services","Chapter 20.1. Debt Settlement Services Providers"],"source_url":"https://law.lis.virginia.gov/vacode/6.2-2036/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"baa16bac29fb58a22968cc97d53e4c95631a379d454b625265f0d8920e3f0335","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-2035","next":"us-va/va.-code-6.2-2037"},"notice":"GroundRules: Original legal text. Not legal advice."}