                                 CODE OF VIRGINIA

SUSPENSION OR REVOCATION OF LICENSE (§ 38.2-1885)

If a lessor or its employee or authorized representative violates any provision
of this article, the Commission may do any of the following:

1. After notice and hearing, impose fines and penalties in accordance with
&#xA7; 38.2-218; and

2. After notice and hearing, impose any such other penalties that the Commission
deems necessary and reasonable to carry out the purpose of this article,
including (i) suspending the privilege of transacting self storage insurance
pursuant to this article at specific business locations where violations have
occurred; (ii) suspending or revoking the ability of individual employees or
authorized representatives to act under the license; and (iii) imposing a
penalty in accordance with &#xA7; 38.2-218 on the licensed producer designated
by the lessor pursuant to &#xA7; 38.2-1820.

HISTORY: 2013, c. 203.