                                 CODE OF VIRGINIA

(REPEALED EFFECTIVE JULY 1, 2026) LICENSES; PLACES OF BUSINESS; CHANGES. (§
6.2-1906.1)

A. Each license shall state the address at which the principal place of business
is to be conducted and shall state fully the legal name of the licensee as well
as any fictitious names by which the licensee is conducting business under this
chapter. Licenses shall not be transferable or assignable, by operation of law
or otherwise. No licensee shall use any names other than the legal name or
fictitious names set forth on the license issued by the Commission.

B. Every licensee shall notify the Commissioner, in writing, at least 30 days
prior to relocating its principal place of business and confirm the change in
writing within five days after such relocation.

C. Every licensee shall within 10 days notify the Commissioner, in writing, of
(i) any change to its legal name, (ii) any change to or additional fictitious
name by which the licensee is conducting business under this chapter, and (iii)
the name, address, and position of each new member, senior officer, director, or
principal. At the direction of the Commissioner, any such individual shall be
treated as a member, senior officer, director, or principal of an applicant for
the purpose of being investigated pursuant to subsection B of &#xA7; 6.2-1904.1.
The licensee shall provide such other information with respect to the changes
and persons identified in this subsection as the Commissioner may reasonably
require.

D. Every license shall remain in force until it expires or has been surrendered
or revoked. The expiration, surrender, or revocation of a license shall not
affect any preexisting legal right or obligation of the licensee.

HISTORY: 2014, c. 454; 2025, c. 214.