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 6.2-1513. Record and notice of revocation or suspension |
Whenever the Commission revokes or suspends a license issued pursuant to this chapter, it shall: 1. Enter an order to that effect, which order shall set forth its findings; 2. Compile a record containing (i) a summary of the evidence, (ii) the findings with respect thereto, (iii) the order, and (iv) the reasons supporting the revocation or suspension; and 3. Serve a copy of the order upon the licensee. Code 1950, § 6-292; 1966, c. 584, § 6.1-262; 2010, c. 794 . |