                                 CODE OF VIRGINIA

LICENSE REQUIRED; APPLICATION FOR LICENSE TO BE IN WRITING; CONTENTS (§
3.2-4711)

A. Every person who operates, conducts, or carries on the business of a
commission merchant shall obtain a license.

B. Application for license shall be made to the Commissioner in writing, signed
and sworn to by the applicant.

C. The application shall include:

   1. The name of the locality where the business of commission merchant is to be
   conducted, the street and number of the building if practicable, and the
   nature of the products that will be handled by the applicant;

   2. If made by a partnership, the full names of each of the partners comprising
   the partnership, and their respective addresses, and the firm or trade name
   under which the business is to be conducted;

   3. If made by a corporation, whether it is domestic or foreign, the amount of
   its capital stock as provided in its articles of incorporation, the amount of
   its capital stock fully paid in, and the names of its officers and those
   persons authorized to receive and accept service of process and legal notices
   of all kinds for the applicant.

D. If requested by the Commissioner, an applicant shall demonstrate his
character, responsibility, and good faith in seeking to carry on a commission
merchant&#8217;s business within the Commonwealth.

HISTORY: Code 1950, §§ 3-536, 3-537; 1966, c. 702, §§ 3.1-694, 3.1-695;
2008, c. 860.