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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>83556</law_id><section_number>36-85.33</section_number><catch_line>Revocation of license upon payment from fund</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="36">Housing</unit><unit label="chapter" level="2" order_by="1" identifier="4.2">Manufactured Housing Licensing and Transaction Recovery Fund Law</unit><unit label="article" level="3" order_by="1" identifier="2">Virginia Manufactured Housing Transaction Recovery Fund</unit></structure><text>
						<section><p>Upon payment to a <span class="dictionary">claimant</span> from the <span class="dictionary">fund</span>, the <span class="dictionary">Board</span> shall immediately revoke the license of the <span class="dictionary">regulant</span> whose conduct resulted in this payment. Any <span class="dictionary">regulant</span> whose license is revoked shall not be eligible to apply for a license under this chapter until the <span class="dictionary">regulant</span> has repaid in full the amount paid from the <span class="dictionary">fund</span> on his account, plus interest.</p></section></text><history>1991, c. 555; 1992, c. 223.</history><metadata></metadata></law>
