Code of Virginia
Chapter 17 - Mortgage Loan Originators
§ 6.2-1716. Suspension or revocation of license

The Commission may suspend or revoke any license issued under this chapter based upon:
1. Any ground sufficient for denial of the issuance of a license under this chapter;
2. Any violation of the provisions of this chapter or regulations adopted by the Commission pursuant thereto, or a violation of any other law or regulation applicable to the conduct of the licensee's licensed activities;
3. Conviction of a felony or misdemeanor involving fraud, misrepresentation, or deceit;
4. Entry of a judgment against a licensee involving fraud, misrepresentation, or deceit;
5. Entry of a federal or state administrative order against a licensee for violation of any law or any regulation applicable to the conduct of his licensed activities;
6. Refusal to permit an investigation or examination by the Commission;
7. Failure to pay any fee or assessment imposed by this chapter;
8. Failure to comply with any order of the Commission; or
9. Failure to maintain registration with, or a unique identifier from, the Registry.
2009, cc. 273, 453, § 6.1-431.17; 2010, c. 794.

Structure Code of Virginia