{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1711.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1711.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1711.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1711.html"}],"law_id":62238,"edition_id":1,"section_id":62238,"structure_id":14519,"section_number":"6.2-1711","catch_line":"Licenses; places of business; changes","history":"2009, cc. 273, 453, \u00a7 6.1-431.12; 2010, c. 794; 2012, cc. 52, 187.","full_text":"A\n\nEach license shall state fully the name and address of record of the licensee. Each licensee shall be required to display proof of licensing upon request, and to prominently display at any location where he acts as a mortgage loan originator the telephone numbers and Internet addresses for the Registry and the Commission where consumers and other interested parties may confirm the status of his license. Licenses shall not be transferable or assignable, by operation of law or otherwise. Except as otherwise provided by the Commission, no licensee shall use any name, in acting as a mortgage loan originator, other than the name set forth on the license issued by the Commission.B\n\nEvery licensee shall within 10 days notify the Commissioner, in writing, of any change of residential or business address and provide such other information with respect to any such change as the Commissioner may reasonably require.C\n\nEvery license shall remain in force until it expires or has been surrendered, revoked, or suspended. The expiration, surrender, revocation, or suspension of a license shall not affect any preexisting legal right or obligation of the licensee. In addition:1\n\nExcept as otherwise provided by the Commission, licenses shall expire at the end of each calendar year. A licensee may request renewal by (i) filing a license renewal application through the Registry, (ii) paying the annual license renewal fee prescribed in § 6.2-1714, (iii) obtaining the continuing education prescribed in § 6.2-1710, and (iv) furnishing such other information as may be required by the Commission;2\n\nThe Commission shall renew an individual’s license if the Commission finds that the individual has complied with the requirements of this chapter and continues to meet the conditions for initial licensure. If the Commission fails to make the findings required by this subdivision, the Commission shall not renew the individual’s license. In determining whether to renew a license, the Commission shall consider whether the licensee has violated state or federal law; and3\n\nNotwithstanding any other provision of this chapter, the Commission may by regulation permit a former licensee to seek license reinstatement after the license expiration date by requesting renewal in accordance with subdivision 1 and paying a reinstatement fee as prescribed by the Commission.","order_by":null,"text":{"0":{"id":226956,"text":"Each license shall state fully the name and address of record of the licensee. Each licensee shall be required to display proof of licensing upon request, and to prominently display at any location where he acts as a mortgage loan originator the telephone numbers and Internet addresses for the Registry and the Commission where consumers and other interested parties may confirm the status of his license. Licenses shall not be transferable or assignable, by operation of law or otherwise. Except as otherwise provided by the Commission, no licensee shall use any name, in acting as a mortgage loan originator, other than the name set forth on the license issued by the Commission.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":226957,"text":"Every licensee shall within 10 days notify the Commissioner, in writing, of any change of residential or business address and provide such other information with respect to any such change as the Commissioner may reasonably require.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":226958,"text":"Every license shall remain in force until it expires or has been surrendered, revoked, or suspended. The expiration, surrender, revocation, or suspension of a license shall not affect any preexisting legal right or obligation of the licensee. In addition:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"C1"},"3":{"id":226959,"text":"Except as otherwise provided by the Commission, licenses shall expire at the end of each calendar year. A licensee may request renewal by (i) filing a license renewal application through the Registry, (ii) paying the annual license renewal fee prescribed in § 6.2-1714, (iii) obtaining the continuing education prescribed in § 6.2-1710, and (iv) furnishing such other information as may be required by the Commission;","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"4":{"id":226960,"text":"The Commission shall renew an individual’s license if the Commission finds that the individual has complied with the requirements of this chapter and continues to meet the conditions for initial licensure. If the Commission fails to make the findings required by this subdivision, the Commission shall not renew the individual’s license. In determining whether to renew a license, the Commission shall consider whether the licensee has violated state or federal law; and","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"C3"},"5":{"id":226961,"text":"Notwithstanding any other provision of this chapter, the Commission may by regulation permit a former licensee to seek license reinstatement after the license expiration date by requesting renewal in accordance with subdivision 1 and paying a reinstatement fee as prescribed by the Commission.","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2,"prior_prefix":"C2"}},"ancestry":[{"id":14519,"edition_id":1,"name":"Mortgage Loan Originators","identifier":"17","label":"chapter","depth":3,"order_by":1,"parent_id":13060,"metadata":{},"date_created":"2026-06-26 03:48:29","date_modified":"2026-06-26 03:48:29","permalink":{"id":266129,"object_type":"structure","relational_id":14519,"identifier":"17","token":"6.2\/III\/17","url":"\/6.2\/III\/17\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13060,"edition_id":1,"name":"Other Regulated Providers of Financial Services","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:44:12","date_modified":"2026-06-26 03:44:12","permalink":{"id":265721,"object_type":"structure","relational_id":13060,"identifier":"III","token":"6.2\/III","url":"\/6.2\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":70948,"structure_id":14519,"section_number":"6.2-1700","catch_line":"Definitions","url":"\/6.2-1700\/","token":"6.2\/III\/17\/6.2-1700","metadata":false},{"id":68765,"structure_id":14519,"section_number":"6.2-1701","catch_line":"License requirement","url":"\/6.2-1701\/","token":"6.2\/III\/17\/6.2-1701","metadata":false},{"id":85304,"structure_id":14519,"section_number":"6.2-1701.1","catch_line":"Bona fide nonprofit organizations","url":"\/6.2-1701.1\/","token":"6.2\/III\/17\/6.2-1701.1","metadata":false},{"id":55948,"structure_id":14519,"section_number":"6.2-1701.2","catch_line":"Repealed","url":"\/6.2-1701.2\/","token":"6.2\/III\/17\/6.2-1701.2","metadata":false},{"id":74984,"structure_id":14519,"section_number":"6.2-1701.3","catch_line":"Temporary authority to act as a mortgage loan originator","url":"\/6.2-1701.3\/","token":"6.2\/III\/17\/6.2-1701.3","metadata":false},{"id":74815,"structure_id":14519,"section_number":"6.2-1702","catch_line":"Application for license; form; content; fee","url":"\/6.2-1702\/","token":"6.2\/III\/17\/6.2-1702","metadata":false},{"id":60886,"structure_id":14519,"section_number":"6.2-1703","catch_line":"Bond required","url":"\/6.2-1703\/","token":"6.2\/III\/17\/6.2-1703","metadata":false},{"id":63021,"structure_id":14519,"section_number":"6.2-1704","catch_line":"Mortgage loan originator background checks","url":"\/6.2-1704\/","token":"6.2\/III\/17\/6.2-1704","metadata":false},{"id":80126,"structure_id":14519,"section_number":"6.2-1705","catch_line":"Coordination of licensing","url":"\/6.2-1705\/","token":"6.2\/III\/17\/6.2-1705","metadata":false},{"id":76977,"structure_id":14519,"section_number":"6.2-1706","catch_line":"Qualifications","url":"\/6.2-1706\/","token":"6.2\/III\/17\/6.2-1706","metadata":false},{"id":57179,"structure_id":14519,"section_number":"6.2-1707","catch_line":"Other conditions for mortgage loan originator licensing","url":"\/6.2-1707\/","token":"6.2\/III\/17\/6.2-1707","metadata":false},{"id":74630,"structure_id":14519,"section_number":"6.2-1708","catch_line":"Pre-licensing education of mortgage loan originators","url":"\/6.2-1708\/","token":"6.2\/III\/17\/6.2-1708","metadata":false},{"id":86756,"structure_id":14519,"section_number":"6.2-1709","catch_line":"Testing of mortgage loan originator applicants","url":"\/6.2-1709\/","token":"6.2\/III\/17\/6.2-1709","metadata":false},{"id":73180,"structure_id":14519,"section_number":"6.2-1710","catch_line":"Continuing education requirements","url":"\/6.2-1710\/","token":"6.2\/III\/17\/6.2-1710","metadata":false},{"id":62238,"structure_id":14519,"section_number":"6.2-1711","catch_line":"Licenses; places of business; changes","url":"\/6.2-1711\/","token":"6.2\/III\/17\/6.2-1711","metadata":false},{"id":75970,"structure_id":14519,"section_number":"6.2-1712","catch_line":"Repealed","url":"\/6.2-1712\/","token":"6.2\/III\/17\/6.2-1712","metadata":false},{"id":74171,"structure_id":14519,"section_number":"6.2-1712.1","catch_line":"Inactive mortgage loan originator licenses","url":"\/6.2-1712.1\/","token":"6.2\/III\/17\/6.2-1712.1","metadata":false},{"id":61396,"structure_id":14519,"section_number":"6.2-1713","catch_line":"Investigations; examinations","url":"\/6.2-1713\/","token":"6.2\/III\/17\/6.2-1713","metadata":false},{"id":76664,"structure_id":14519,"section_number":"6.2-1714","catch_line":"Annual fees","url":"\/6.2-1714\/","token":"6.2\/III\/17\/6.2-1714","metadata":false},{"id":68427,"structure_id":14519,"section_number":"6.2-1715","catch_line":"Advertising; use of a unique identifier","url":"\/6.2-1715\/","token":"6.2\/III\/17\/6.2-1715","metadata":false},{"id":59032,"structure_id":14519,"section_number":"6.2-1716","catch_line":"Suspension or revocation of license","url":"\/6.2-1716\/","token":"6.2\/III\/17\/6.2-1716","metadata":false},{"id":86396,"structure_id":14519,"section_number":"6.2-1717","catch_line":"Filing of written report with Commissioner; events affecting a licensee","url":"\/6.2-1717\/","token":"6.2\/III\/17\/6.2-1717","metadata":false},{"id":64231,"structure_id":14519,"section_number":"6.2-1718","catch_line":"Notice of proposed suspension or revocation","url":"\/6.2-1718\/","token":"6.2\/III\/17\/6.2-1718","metadata":false},{"id":60139,"structure_id":14519,"section_number":"6.2-1719","catch_line":"Civil penalties","url":"\/6.2-1719\/","token":"6.2\/III\/17\/6.2-1719","metadata":false},{"id":76095,"structure_id":14519,"section_number":"6.2-1720","catch_line":"Regulations; agreements between Commission and Registry","url":"\/6.2-1720\/","token":"6.2\/III\/17\/6.2-1720","metadata":false},{"id":85681,"structure_id":14519,"section_number":"6.2-1721","catch_line":"Cease and desist orders","url":"\/6.2-1721\/","token":"6.2\/III\/17\/6.2-1721","metadata":false}],"previous_section":{"id":73180,"structure_id":14519,"section_number":"6.2-1710","catch_line":"Continuing education requirements","url":"\/6.2-1710\/","token":"6.2\/III\/17\/6.2-1710","metadata":false},"next_section":{"id":75970,"structure_id":14519,"section_number":"6.2-1712","catch_line":"Repealed","url":"\/6.2-1712\/","token":"6.2\/III\/17\/6.2-1712","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1711\/","history_text":"

This law was first created in 2009. The record of its establishment is cataloged in chapters 273<\/a> and 453<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2010, chapter 794<\/a>; in 2012, chapters 52<\/a> and 187<\/a>.<\/p>","references":[{"id":74171,"section_number":"6.2-1712.1","catch_line":"Inactive mortgage loan originator licenses","order_by":null,"url":"\/6.2-1712.1\/"}],"refers_to":[{"id":73180,"section_number":"6.2-1710","catch_line":"Continuing education requirements","order_by":null,"url":"\/6.2-1710\/"},{"id":76664,"section_number":"6.2-1714","catch_line":"Annual fees","order_by":null,"url":"\/6.2-1714\/"}],"permalink":{"id":266187,"object_type":"law","relational_id":62238,"identifier":"6.2-1711","token":"6.2\/III\/17\/6.2-1711","url":"\/6.2-1711\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1711\/","token":"6.2\/III\/17\/6.2-1711","dublin_core":{"Title":"Licenses; places of business; changes","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1711","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Each license shall state fully the name and address of record of the licensee<\/span>. Each licensee<\/span> shall be required to display proof of licensing upon request, and to prominently display at any location where he acts<\/span> as a mortgage loan originator<\/span> the telephone numbers and Internet addresses for the Registry<\/span> and the Commission<\/span> where consumers and other interested parties may confirm the status of his license. Licenses shall not be transferable or assignable, by operation of law<\/span> or otherwise. Except as otherwise provided by the Commission<\/span>, no licensee<\/span> shall use any name, in acting as a mortgage loan originator<\/span>, other than the name set forth on the license issued by the Commission<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Every licensee<\/span> shall within 10 days notify the Commissioner<\/span>, in writing, of any change of residential or business address and provide such other information with respect to any such change as the Commissioner<\/span> may reasonably require. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Every license shall remain in force until it expires or has been surrendered, revoked, or suspended. The expiration, surrender, revocation<\/span>, or suspension of a license shall not affect any preexisting legal right or obligation of the licensee<\/span>. In addition: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Except as otherwise provided by the Commission<\/span>, licenses shall expire at the end of each calendar year. A licensee<\/span> may request renewal by (i) filing a license renewal application through the Registry<\/span>, (ii) paying the annual license renewal fee prescribed in § 6.2-1714<\/a>, (iii) obtaining the continuing education prescribed in § 6.2-1710<\/a>, and (iv) furnishing such other information as may be required by the Commission<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> The Commission<\/span> shall renew an individual’s license if the Commission<\/span> finds that the individual has complied with the requirements of this chapter and continues to meet the conditions for initial licensure. If the Commission<\/span> fails to make the findings<\/span> required by this subdivision, the Commission<\/span> shall not renew the individual’s license. In determining whether to renew a license, the Commission<\/span> shall consider whether the licensee<\/span> has violated state or federal law<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Notwithstanding any other provision of this chapter, the Commission<\/span> may by regulation permit a former licensee<\/span> to seek license reinstatement after the license expiration date by requesting renewal in accordance with subdivision 1 and paying a reinstatement fee as prescribed by the Commission<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLICENSES; PLACES OF BUSINESS; CHANGES (\u00a7 6.2-1711)\n\nA. Each license shall state fully the name and address of record of the\nlicensee. Each licensee shall be required to display proof of licensing upon\nrequest, and to prominently display at any location where he acts as a mortgage\nloan originator the telephone numbers and Internet addresses for the Registry\nand the Commission where consumers and other interested parties may confirm the\nstatus of his license. Licenses shall not be transferable or assignable, by\noperation of law or otherwise. Except as otherwise provided by the Commission,\nno licensee shall use any name, in acting as a mortgage loan originator, other\nthan the name set forth on the license issued by the Commission.\n\nB. Every licensee shall within 10 days notify the Commissioner, in writing, of\nany change of residential or business address and provide such other information\nwith respect to any such change as the Commissioner may reasonably require.\n\nC. Every license shall remain in force until it expires or has been surrendered,\nrevoked, or suspended. The expiration, surrender, revocation, or suspension of a\nlicense shall not affect any preexisting legal right or obligation of the\nlicensee. In addition:\n\n 1. Except as otherwise provided by the Commission, licenses shall expire at\n the end of each calendar year. A licensee may request renewal by (i) filing a\n license renewal application through the Registry, (ii) paying the annual\n license renewal fee prescribed in § 6.2-1714, (iii) obtaining the\n continuing education prescribed in § 6.2-1710, and (iv) furnishing such\n other information as may be required by the Commission;\n\n 2. The Commission shall renew an individual’s license if the Commission\n finds that the individual has complied with the requirements of this chapter\n and continues to meet the conditions for initial licensure. If the Commission\n fails to make the findings required by this subdivision, the Commission shall\n not renew the individual’s license. In determining whether to renew a\n license, the Commission shall consider whether the licensee has violated state\n or federal law; and\n\n 3. Notwithstanding any other provision of this chapter, the Commission may by\n regulation permit a former licensee to seek license reinstatement after the\n license expiration date by requesting renewal in accordance with subdivision 1\n and paying a reinstatement fee as prescribed by the Commission.\n\nHISTORY: 2009, cc. 273, 453, \u00a7 6.1-431.12; 2010, c. 794; 2012, cc. 52, 187.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}