§ 6.2-1812 Other reporting requirements
A. A licensee shall file a written report with the Commissioner within 15 days following the occurrence of any of the following:
1. The filing of bankruptcy, reorganization or receivership proceedings by or against the licensee;
2. The institution of administrative or regulatory proceedings against the licensee by any governmental authority;
3. Any felony indictments of the licensee or any of its members, partners, directors, officers, or principals;
4. Any felony conviction of the licensee or any of its members, partners, directors, officers, or principals; and
5. Such other event as the Commission may prescribe by regulation.
B. The report shall be in writing and describe the event and its expected impact on the business of the licensee.
History
This law was first created in 2002. The record of its establishment is cataloged in chapter 897 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2010, chapter 794.
2002, c. 897, § 6.1-455; 2010, c. 794.