                                 CODE OF VIRGINIA

TERMINATION, SUSPENSION, OR REVOCATION OF LICENSE (§ 38.2-1845.11)

A. A license issued to an individual public adjuster shall authorize him to act
as a public adjuster until his license is otherwise terminated, suspended, or
revoked.

B. A license issued to a business entity shall authorize such business entity to
act as a public adjuster until such license is otherwise terminated, suspended,
or revoked. The dissolution or discontinuance of a partnership, whether by
intent or by operation of law, shall automatically terminate the public adjuster
license issued to such partnership. The Bureau shall automatically terminate all
public adjuster licenses within 90 calendar days of receiving notification from
the Clerk of the Commission that the certificate of organization or charter of a
domestic limited liability company or corporation respectively, whether by
intent or by operation of law, has been terminated or that the certificate of
registration or certificate of authority of a foreign limited liability company
or corporation, respectively, has been revoked.

C. Except as provided in subsection B of &#xA7; 38.2-1845.5, the license
authority of any licensed resident public adjuster shall terminate immediately
when such public adjuster has moved his residence from the Commonwealth, whether
or not the Commission has been notified of such move.

D. The license authority of any business entity licensed as a public adjuster
shall terminate immediately if the sole licensed responsible public adjuster
designated pursuant to subdivision F 3 of &#xA7; 38.2-1845.2 for the business
entity&#8217;s compliance with the insurance laws, rules, and regulations of the
Commonwealth is removed for any reason and a new responsible public adjuster has
not been designated and the Commission notified within 30 calendar days of such
removal and of the newly designated responsible public adjuster.

E. The Commission shall not revoke or suspend an existing license until the
licensee is given an opportunity to be heard before the Commission. If the
Commission proposes to revoke or suspend an existing license, it shall give the
licensee at least 10 calendar days&#8217; notice in writing of the time and
place of the hearing, if a hearing is requested. The notice shall contain a
statement of the objections to the issuance of the license or the reason for its
proposed revocation or suspension, as the case may be. The notice may be given
to the licensee by registered or certified mail, sent to the last known address
of record or the last known business address if the address of record is
incorrect, or in any other lawful manner, the Commission prescribes. The
Commission may summon witnesses to testify with respect to the licensee, and the
licensee may introduce evidence in the licensee&#8217;s behalf. No licensee
whose license is revoked shall again apply for a license until after the
expiration of a period of five years from the date of the Commission&#8217;s
order or such other period as the Commission prescribes in its order.

F. The license of a business entity may be suspended or revoked if the
Commission finds, after notice and an opportunity to be heard, that a violation
by an individual licensee acting at the direction of, on behalf of, or with the
permission of the business entity was known to be a violation by one or more of
the partners, officers, or managers acting on behalf of the business entity or
if it can be demonstrated to the satisfaction of the Commission that
responsibility for such violation by the individual can reasonably be imputed to
one or more of the partners, officers, or managers acting on behalf of the
business entity, and neither was the violation reported to the Commission nor
corrective action taken.

G. In addition to or in lieu of any applicable denial, suspension, or revocation
of a license, a person may, after notice and an opportunity to be heard, be
subject to a penalty pursuant to &#xA7; 38.2-218.

H. The Commission shall retain the authority to enforce the provisions of and
impose any penalty or remedy authorized by this title against any person who is
under investigation for or charged with a violation of this title, even if the
person&#8217;s license or registration has been surrendered, terminated,
suspended, revoked, or has lapsed by operation of law.

HISTORY: 2012, cc. 734, 735.