Code of Virginia (Last Updated:July 28, 2020) |
TITLE 6.2. Financial Institutions and Services |
SUBTITLE III. Other Regulated Providers of Financial Services |
CHAPTER 15. Consumer Finance Companies |
SECTION 6.2-1512. Suspension of license |
If the Commission finds that probable cause for revocation of any license exists and that enforcement of the law requires immediate suspension of the license pending investigation, it may, upon three days' written notice and a hearing, by the Commission or by the Commissioner, enter an order suspending the license for a period not exceeding 30 days. Code 1950, § 6-291; 1966, c. 584, § 6.1-261; 2010, c. 794 . |