Article 2 Virginia Contractor Transaction Recovery Act

This article is comprised of the following sections:
  • §54.1-1118 Definitions
  • §54.1-1119 Assessments by Director; assignment to Fund; minimum balance; notice; penalties; costs of administration
  • §54.1-1120 Recovery from Fund generally
  • §54.1-1120.1 Recovery on bond
  • §54.1-1121 Investigations
  • §54.1-1122 Consideration of applications for payment
  • §54.1-1123 Limitations upon recovery from Fund; certain actions not a bar to recovery
  • §54.1-1124 Participation by Board or Director in proceeding
  • §54.1-1125 Assignment of claimant’s rights to Board; payment of claim
  • §54.1-1126 Repealed
  • §54.1-1127 No waiver by Board of disciplinary action against regulant