A. After a hearing with 15 days' notice, the Department may suspend or revoke any registration or impose on such operator a monetary penalty of not more than $1,000 for each violation of this chapter, not to exceed $50,000, in any case where a violation of this chapter has been shown by a preponderance of the evidence. The Department may revoke a registration if it finds that facts not known by it at the time it considered the application indicate that such registration should not have been issued.
B. The Department may summarily suspend any registration for a period of not more than seven days pending a hearing and final determination by the Department if the Department determines that a violation of this chapter has occurred and emergency action is required to protect the public health, safety, and welfare. The Department shall (i) schedule a hearing within seven business days after the registration is summarily suspended and (ii) notify the registered operator not less than five business days before the hearing of the date, time, and place of the hearing.
C. If any such registration is suspended or revoked, the Department shall state its reasons for doing so, which shall be entered of record. Such action shall be final unless appealed in accordance with § 59.1-562. Suspension or revocation of a registration issued by the Department for any violation shall not preclude civil liability for such violation.
2016, cc. 318, 703.
Structure Code of Virginia
Title 59.1 - Trade and Commerce
Chapter 51 - Fantasy Contests Act
§ 59.1-558. Issuance of registration; denial of same
§ 59.1-559. Independent audit required; submission to Department
§ 59.1-560. Powers and duties of Department
§ 59.1-561. Suspension or revocation of registration
§ 59.1-562. Hearing and appeal
§ 59.1-564. Department to adjust fees; certain transfer of money collected prohibited
§ 59.1-565. Public inspection of information filed with Department; charges for production
§ 59.1-566. Registration not endorsement
§ 59.1-567. Acquisition of interest in fantasy contest operator
§ 59.1-569. Fantasy contests conducted under this chapter not illegal gambling