{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-2618.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-2618.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-2618.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-2618.html"}],"law_id":63307,"edition_id":1,"section_id":63307,"structure_id":12857,"section_number":"6.2-2618","catch_line":"Civil penalties","history":"2020, cc. 1198, 1250.","full_text":"The Commission may impose a civil penalty not exceeding $2,500 upon any person who it determines, in proceedings commenced in accordance with the Commission’s Rules, has violated any of the provisions of this chapter or regulations adopted by the Commission pursuant thereto or violated any other law or regulation applicable to conduct of the person’s business. For the purposes of this section, each separate violation shall be subject to the civil penalty prescribed in this section, and each day that an unlicensed person engages in the business of a qualified education loan servicer shall constitute a separate violation.","order_by":null,"text":{"0":{"id":230698,"text":"The Commission may impose a civil penalty not exceeding $2,500 upon any person who it determines, in proceedings commenced in accordance with the Commission’s Rules, has violated any of the provisions of this chapter or regulations adopted by the Commission pursuant thereto or violated any other law or regulation applicable to conduct of the person’s business. For the purposes of this section, each separate violation shall be subject to the civil penalty prescribed in this section, and each day that an unlicensed person engages in the business of a qualified education loan servicer shall constitute a separate violation.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":12857,"edition_id":1,"name":"Qualified Education Loan Servicers","identifier":"26","label":"chapter","depth":3,"order_by":1,"parent_id":12856,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":267179,"object_type":"structure","relational_id":12857,"identifier":"26","token":"6.2\/IV\/26","url":"\/6.2\/IV\/26\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12856,"edition_id":1,"name":"Other Financial Activities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":267075,"object_type":"structure","relational_id":12856,"identifier":"IV","token":"6.2\/IV","url":"\/6.2\/IV\/","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":79869,"structure_id":12857,"section_number":"6.2-2600","catch_line":"Definitions","url":"\/6.2-2600\/","token":"6.2\/IV\/26\/6.2-2600","metadata":false},{"id":56387,"structure_id":12857,"section_number":"6.2-2601","catch_line":"License requirement; 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This law was first created in 2020. The record of its establishment is cataloged in chapters 1198<\/a> and 1250<\/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.<\/p>","references":false,"refers_to":false,"permalink":{"id":267253,"object_type":"law","relational_id":63307,"identifier":"6.2-2618","token":"6.2\/IV\/26\/6.2-2618","url":"\/6.2-2618\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-2618\/","token":"6.2\/IV\/26\/6.2-2618","dublin_core":{"Title":"Civil penalties","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-2618","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Commission<\/span> may impose a civil penalty<\/span> not exceeding $2,500 upon any person<\/span> who it determines, in proceedings commenced in accordance with the Commission<\/span>’s Rules, has violated any of the provisions of this chapter or regulations adopted by the Commission<\/span> pursuant thereto or violated any other law<\/span> or regulation applicable to conduct of the person<\/span>’s business. For the purposes of this section, each separate violation shall be subject to the civil penalty<\/span> prescribed in this section, and each day that an unlicensed person<\/span> engages in the business of a qualified education loan<\/span> servicer<\/span> shall constitute a separate violation.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCIVIL PENALTIES (\u00a7 6.2-2618)\n\nThe Commission may impose a civil penalty not exceeding $2,500 upon any person\nwho it determines, in proceedings commenced in accordance with the\nCommission’s Rules, has violated any of the provisions of this chapter or\nregulations adopted by the Commission pursuant thereto or violated any other law\nor regulation applicable to conduct of the person’s business. For the\npurposes of this section, each separate violation shall be subject to the civil\npenalty prescribed in this section, and each day that an unlicensed person\nengages in the business of a qualified education loan servicer shall constitute\na separate violation.\n\nHISTORY: 2020, cc. 1198, 1250.","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}}