A. In order to defray the costs of their examination, supervision, and regulation, every licensee under this chapter shall pay an annual fee calculated in accordance with a schedule set by the Commission. All such fees shall be assessed on or before April 1 for every calendar year. All such fees shall be paid by the licensee to the State Treasurer on or before May 1 following each assessment.
B. In addition to the annual fee prescribed in subsection A, when it becomes necessary to examine or investigate the books and records of a licensee under this chapter at a location outside the Commonwealth, the licensee shall be liable for and shall pay to the Commission within 30 days of the presentation of an itemized statement the actual travel and reasonable living expenses incurred on account of its examination, supervision, and regulation or shall pay a reasonable per diem rate approved by the Commission.
2020, cc. 1198, 1250.
Structure Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 26 - Qualified Education Loan Servicers
§ 6.2-2601. License requirement; exceptions
§ 6.2-2603. Application for license; form; content; fee
§ 6.2-2605. Investigation of applications
§ 6.2-2607. Licenses; place of business; changes; renewal
§ 6.2-2608. Retention of records; responding to the Bureau
§ 6.2-2609. Acquisition of control; application
§ 6.2-2610. Prohibited activities; compliance with federal laws and regulations
§ 6.2-2611. Affirmative acts required of qualified education loan servicers
§ 6.2-2612. Reporting requirements
§ 6.2-2613. Investigations; examinations
§ 6.2-2615. Suspension or revocation of license
§ 6.2-2616. Notice of proposed suspension or revocation
§ 6.2-2617. Cease and desist orders
§ 6.2-2619. Private cause of action
§ 6.2-2620. Investigating and restraining prohibited acts
§ 6.2-2621. Violation of the Virginia Consumer Protection Act