Within 15 days of becoming aware of the occurrence of any of the events listed below, a licensee shall file a written report with the Commissioner describing such event:
1. The institution of revocation or suspension proceedings against the licensee by any state or other governmental authority;
2. The denial of the opportunity to engage in business by any state or other governmental authority;
3. Any felony indictment of the licensee;
4. Any felony conviction of the licensee; and
5. Such other events as the Commission may determine and identify by regulation.
2009, cc. 273, 453, § 6.1-431.18; 2010, c. 794.
Structure Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 17 - Mortgage Loan Originators
§ 6.2-1701. License requirement
§ 6.2-1701.1. Bona fide nonprofit organizations
§ 6.2-1701.3. Temporary authority to act as a mortgage loan originator
§ 6.2-1702. Application for license; form; content; fee
§ 6.2-1704. Mortgage loan originator background checks
§ 6.2-1705. Coordination of licensing
§ 6.2-1707. Other conditions for mortgage loan originator licensing
§ 6.2-1708. Pre-licensing education of mortgage loan originators
§ 6.2-1709. Testing of mortgage loan originator applicants
§ 6.2-1710. Continuing education requirements
§ 6.2-1711. Licenses; places of business; changes
§ 6.2-1712.1. Inactive mortgage loan originator licenses
§ 6.2-1713. Investigations; examinations
§ 6.2-1715. Advertising; use of a unique identifier
§ 6.2-1716. Suspension or revocation of license
§ 6.2-1717. Filing of written report with Commissioner; events affecting a licensee
§ 6.2-1718. Notice of proposed suspension or revocation
§ 6.2-1720. Regulations; agreements between Commission and Registry