                                 CODE OF VIRGINIA

LICENSE CANCELLATION (§ 58.1-2215)

A. The Commissioner may cancel the license of any person licensed under this
article, upon written notice sent by certified mail to the licensee&#8217;s last
known address appearing in the Commissioner&#8217;s files, for any of the
following reasons:

   1. Filing by the licensee of a false report of the data or information
   required by this chapter;

   2. Failure, refusal, or neglect of the licensee to file a report required by
   this chapter;

   3. Failure of the licensee to pay the full amount of the tax due or pay any
   penalties or interest due as required by this chapter;

   4. Failure of the licensee to keep accurate records of the quantities of motor
   fuel received, produced, refined, manufactured, compounded, sold, or used in
   Virginia;

   5. Failure to file a new or additional bond or certificate of deposit upon
   request of the Commissioner pursuant to &#xA7; 58.1-2211;

   6. Conviction of the licensee or a principal of the licensee for any act
   prohibited under this chapter;

   7. Failure, refusal, or neglect of a licensee to comply with any other
   provision of this chapter or any regulation promulgated pursuant to this
   chapter; or

   8. A change in the ownership or control of the business.

B. Upon cancellation of any license for any cause listed in subsection A, the
tax levied under this chapter shall become due and payable on (i) all untaxed
motor fuel held in storage or otherwise in the possession of the licensee and
(ii) all motor fuel sold, delivered, or used prior to the cancellation on which
the tax has not been paid.

C. The Commissioner may cancel any license upon the written request of the
licensee.

D. Upon cancellation of any license and payment by the licensee of all taxes
due, including all penalties accruing due to any failure by the licensee to
comply with the provisions of this chapter, the Commissioner shall cancel and
surrender the bond or certificate of deposit filed by such licensee.

HISTORY: 2000, cc. 729, 758; 2006, c. 594.