Va. Code § 6.2-1823
Notice of proposed suspension or revocation
Virginia · Code of Virginia Title 6.2 — Financial Institutions and Services · Status: effective
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- Citation
- Va. Code § 6.2-1823, Notice of proposed suspension or revocation, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1397433
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Full text
The Commission shall not revoke or suspend the license of any licensee upon any of the grounds set forth in § 6.2-1821 until it has given the licensee 21 days' notice in writing of the reasons for the proposed revocation or suspension and an opportunity to introduce evidence and be heard. The notice shall be sent by certified mail to the principal place of business of the licensee or other address authorized under § 12.1-19.1 and shall state with particularity the grounds for the contemplated action. Within 14 days of mailing the notice, the person named therein may file with the clerk of the Commission a written request for a hearing. If a hearing is requested, the Commission shall not suspend or revoke the license except based upon findings made at such hearing. The hearing shall be conducted in accordance with the provisions of Title 12.1.