A. If any person acquires actual control of a registered operator, such person shall register with the Department in accordance with § 59.1-557.
B. Where any such acquisition of control is without prior approval of the Department, the Department may suspend any registration it has issued to such operator, order compliance with this section, or take such other action as may be appropriate within the authority of the Department.
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