{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-1512.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-1512.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-1512.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-1512.html"}],"law_id":373850,"edition_id":2,"section_id":373850,"structure_id":53189,"section_number":"6.2-1512","catch_line":"Suspension of license","history":"Code 1950, \u00a7 6-291; 1966, c. 584, \u00a7 6.1-261; 2010, c. 794.","full_text":"If the Commission finds that probable cause for revocation of any license exists and that enforcement of the law requires immediate suspension of the license pending investigation, it may, upon three days&#8217; written notice and a hearing, by the Commission or by the Commissioner, enter an order suspending the license for a period not exceeding 30 days.\n\n","order_by":null,"text":{"0":{"id":1395310,"text":"If the Commission finds that probable cause for revocation of any license exists and that enforcement of the law requires immediate suspension of the license pending investigation, it may, upon three days&#8217; written notice and a hearing, by the Commission or by the Commissioner, enter an order suspending the license for a period not exceeding 30 days.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53189,"edition_id":2,"name":"Consumer Finance Companies","identifier":"15","label":"chapter","depth":3,"order_by":1,"parent_id":53187,"metadata":{"child_laws":48,"child_structures":0},"date_created":"2026-08-02 03:12:19","date_modified":"2026-08-02 12:28:07","permalink":{"id":1492815,"object_type":"structure","relational_id":53189,"identifier":"15","token":"6.2\/III\/15","url":"\/6.2\/III\/15\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53187,"edition_id":2,"name":"Other Regulated Providers of Financial Services","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":53152,"metadata":{"child_laws":332,"child_structures":12},"date_created":"2026-08-02 03:12:17","date_modified":"2026-08-02 12:28:07","permalink":{"id":1492723,"object_type":"structure","relational_id":53187,"identifier":"III","token":"6.2\/III","url":"\/6.2\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53152,"edition_id":2,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":10,"parent_id":null,"metadata":{"child_laws":961,"child_structures":89},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:53","permalink":{"id":1490251,"object_type":"structure","relational_id":53152,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":373837,"structure_id":53189,"section_number":"6.2-1500","catch_line":"Definitions","url":"\/6.2-1500\/","token":"6.2\/III\/15\/6.2-1500","metadata":false},{"id":373838,"structure_id":53189,"section_number":"6.2-1501","catch_line":"Compliance with chapter; license required; attempts to evade application of chapter","url":"\/6.2-1501\/","token":"6.2\/III\/15\/6.2-1501","metadata":false},{"id":373839,"structure_id":53189,"section_number":"6.2-1502","catch_line":"Certain persons ineligible as licensees; exception for subsidiaries","url":"\/6.2-1502\/","token":"6.2\/III\/15\/6.2-1502","metadata":false},{"id":373840,"structure_id":53189,"section_number":"6.2-1503","catch_line":"Scope of chapter","url":"\/6.2-1503\/","token":"6.2\/III\/15\/6.2-1503","metadata":{"court_decisions":""}},{"id":373841,"structure_id":53189,"section_number":"6.2-1504","catch_line":"Restrictions on name","url":"\/6.2-1504\/","token":"6.2\/III\/15\/6.2-1504","metadata":{"court_decisions":""}},{"id":373842,"structure_id":53189,"section_number":"6.2-1505","catch_line":"Application for license; application fee","url":"\/6.2-1505\/","token":"6.2\/III\/15\/6.2-1505","metadata":false},{"id":373843,"structure_id":53189,"section_number":"6.2-1506","catch_line":"Investigation of application","url":"\/6.2-1506\/","token":"6.2\/III\/15\/6.2-1506","metadata":{"court_decisions":""}},{"id":373844,"structure_id":53189,"section_number":"6.2-1507","catch_line":"Issuance of license","url":"\/6.2-1507\/","token":"6.2\/III\/15\/6.2-1507","metadata":{"court_decisions":""}},{"id":373846,"structure_id":53189,"section_number":"6.2-1508","catch_line":"Notices to Commission","url":"\/6.2-1508\/","token":"6.2\/III\/15\/6.2-1508","metadata":false},{"id":373845,"structure_id":53189,"section_number":"6.2-1508.1","catch_line":"Additional offices; relocation of offices","url":"\/6.2-1508.1\/","token":"6.2\/III\/15\/6.2-1508.1","metadata":false},{"id":373847,"structure_id":53189,"section_number":"6.2-1509","catch_line":"Contents, posting, transfer, and duration of license","url":"\/6.2-1509\/","token":"6.2\/III\/15\/6.2-1509","metadata":false},{"id":373848,"structure_id":53189,"section_number":"6.2-1510","catch_line":"Acquisition of control; application","url":"\/6.2-1510\/","token":"6.2\/III\/15\/6.2-1510","metadata":false},{"id":373849,"structure_id":53189,"section_number":"6.2-1511","catch_line":"Revocation of license","url":"\/6.2-1511\/","token":"6.2\/III\/15\/6.2-1511","metadata":{"court_decisions":""}},{"id":373850,"structure_id":53189,"section_number":"6.2-1512","catch_line":"Suspension of license","url":"\/6.2-1512\/","token":"6.2\/III\/15\/6.2-1512","metadata":false},{"id":373851,"structure_id":53189,"section_number":"6.2-1513","catch_line":"Record and notice of revocation or suspension","url":"\/6.2-1513\/","token":"6.2\/III\/15\/6.2-1513","metadata":{"court_decisions":""}},{"id":373852,"structure_id":53189,"section_number":"6.2-1514","catch_line":"Surrender of license","url":"\/6.2-1514\/","token":"6.2\/III\/15\/6.2-1514","metadata":false},{"id":373853,"structure_id":53189,"section_number":"6.2-1515","catch_line":"Effect of license revocation, suspension, or surrender","url":"\/6.2-1515\/","token":"6.2\/III\/15\/6.2-1515","metadata":false},{"id":373854,"structure_id":53189,"section_number":"6.2-1516","catch_line":"Reinstatement of license","url":"\/6.2-1516\/","token":"6.2\/III\/15\/6.2-1516","metadata":false},{"id":373855,"structure_id":53189,"section_number":"6.2-1517","catch_line":"Place of business generally","url":"\/6.2-1517\/","token":"6.2\/III\/15\/6.2-1517","metadata":false},{"id":373856,"structure_id":53189,"section_number":"6.2-1518","catch_line":"Notice of conduct of other business in same place of business; fee","url":"\/6.2-1518\/","token":"6.2\/III\/15\/6.2-1518","metadata":{"court_decisions":""}},{"id":373857,"structure_id":53189,"section_number":"6.2-1519","catch_line":"Changing place of business","url":"\/6.2-1519\/","token":"6.2\/III\/15\/6.2-1519","metadata":false},{"id":373858,"structure_id":53189,"section_number":"6.2-1520","catch_line":"Rate of interest; late charges; processing fees","url":"\/6.2-1520\/","token":"6.2\/III\/15\/6.2-1520","metadata":{"court_decisions":""}},{"id":373859,"structure_id":53189,"section_number":"6.2-1521","catch_line":"Post-judgment charges","url":"\/6.2-1521\/","token":"6.2\/III\/15\/6.2-1521","metadata":{"court_decisions":""}},{"id":373860,"structure_id":53189,"section_number":"6.2-1522","catch_line":"Other limitations on interest","url":"\/6.2-1522\/","token":"6.2\/III\/15\/6.2-1522","metadata":{"court_decisions":""}},{"id":373864,"structure_id":53189,"section_number":"6.2-1523","catch_line":"Additional charges prohibited; exceptions","url":"\/6.2-1523\/","token":"6.2\/III\/15\/6.2-1523","metadata":{"court_decisions":""}},{"id":373861,"structure_id":53189,"section_number":"6.2-1523.1","catch_line":"(Effective July 1, 2026) Access partners","url":"\/6.2-1523.1\/","token":"6.2\/III\/15\/6.2-1523.1","metadata":false},{"id":373862,"structure_id":53189,"section_number":"6.2-1523.2","catch_line":"Application of chapter to Internet loans","url":"\/6.2-1523.2\/","token":"6.2\/III\/15\/6.2-1523.2","metadata":{"court_decisions":""}},{"id":373863,"structure_id":53189,"section_number":"6.2-1523.3","catch_line":"Bond required","url":"\/6.2-1523.3\/","token":"6.2\/III\/15\/6.2-1523.3","metadata":false},{"id":373865,"structure_id":53189,"section_number":"6.2-1524","catch_line":"Required and prohibited activities and conduct","url":"\/6.2-1524\/","token":"6.2\/III\/15\/6.2-1524","metadata":{"court_decisions":""}},{"id":373866,"structure_id":53189,"section_number":"6.2-1525","catch_line":"Wage purchases","url":"\/6.2-1525\/","token":"6.2\/III\/15\/6.2-1525","metadata":{"court_decisions":""}},{"id":373867,"structure_id":53189,"section_number":"6.2-1526","catch_line":"Wage assignments","url":"\/6.2-1526\/","token":"6.2\/III\/15\/6.2-1526","metadata":false},{"id":373868,"structure_id":53189,"section_number":"6.2-1527","catch_line":"Liens on household furniture","url":"\/6.2-1527\/","token":"6.2\/III\/15\/6.2-1527","metadata":false},{"id":373869,"structure_id":53189,"section_number":"6.2-1528","catch_line":"Exemptions unimpaired","url":"\/6.2-1528\/","token":"6.2\/III\/15\/6.2-1528","metadata":false},{"id":373870,"structure_id":53189,"section_number":"6.2-1529","catch_line":"Collection of loans made outside Commonwealth","url":"\/6.2-1529\/","token":"6.2\/III\/15\/6.2-1529","metadata":{"court_decisions":""}},{"id":373871,"structure_id":53189,"section_number":"6.2-1530","catch_line":"Investigations; immunities","url":"\/6.2-1530\/","token":"6.2\/III\/15\/6.2-1530","metadata":false},{"id":373872,"structure_id":53189,"section_number":"6.2-1531","catch_line":"Examination","url":"\/6.2-1531\/","token":"6.2\/III\/15\/6.2-1531","metadata":{"court_decisions":""}},{"id":373873,"structure_id":53189,"section_number":"6.2-1532","catch_line":"Fees for examination, supervision and regulation","url":"\/6.2-1532\/","token":"6.2\/III\/15\/6.2-1532","metadata":{"court_decisions":""}},{"id":373874,"structure_id":53189,"section_number":"6.2-1533","catch_line":"Books, accounts, and records; pledge or deposit of notes and securities","url":"\/6.2-1533\/","token":"6.2\/III\/15\/6.2-1533","metadata":{"court_decisions":""}},{"id":373875,"structure_id":53189,"section_number":"6.2-1534","catch_line":"Annual reports","url":"\/6.2-1534\/","token":"6.2\/III\/15\/6.2-1534","metadata":false},{"id":373876,"structure_id":53189,"section_number":"6.2-1535","catch_line":"Regulations and orders","url":"\/6.2-1535\/","token":"6.2\/III\/15\/6.2-1535","metadata":{"court_decisions":""}},{"id":373877,"structure_id":53189,"section_number":"6.2-1536","catch_line":"Disclosures in connection with sale of securities","url":"\/6.2-1536\/","token":"6.2\/III\/15\/6.2-1536","metadata":{"court_decisions":""}},{"id":373878,"structure_id":53189,"section_number":"6.2-1537","catch_line":"Authority of Attorney General; impoundment of property and receivership","url":"\/6.2-1537\/","token":"6.2\/III\/15\/6.2-1537","metadata":false},{"id":373879,"structure_id":53189,"section_number":"6.2-1538","catch_line":"Copies of orders or licenses","url":"\/6.2-1538\/","token":"6.2\/III\/15\/6.2-1538","metadata":false},{"id":373880,"structure_id":53189,"section_number":"6.2-1539","catch_line":"Review by Commission","url":"\/6.2-1539\/","token":"6.2\/III\/15\/6.2-1539","metadata":{"court_decisions":""}},{"id":373881,"structure_id":53189,"section_number":"6.2-1540","catch_line":"Criminal penalties","url":"\/6.2-1540\/","token":"6.2\/III\/15\/6.2-1540","metadata":{"court_decisions":""}},{"id":373882,"structure_id":53189,"section_number":"6.2-1541","catch_line":"Unlawful contracts void; recovery of amounts paid","url":"\/6.2-1541\/","token":"6.2\/III\/15\/6.2-1541","metadata":{"court_decisions":{"0":{"name":"Taylor v. Allied Title Lending, LLC (In re Taylor)","case_number":"Case No. 17-30142-KRH; Adv. Pro. No. 18-03003-KRH","citation":"594 B.R. 643","date":"2018-11-20","url":"https:\/\/www.courtlistener.com\/opinion\/8529331\/taylor-v-allied-title-lending-llc-in-re-taylor\/","abstract":" .\u202f.\u202f. Kevin R. Huennekens, UNITED STATES BANKRUPTCY JUDGE .\u202f.\u202f. ","court_html":"United States Bankruptcy Court, E.D. Virginia"},"1":{"name":"Gibbs v. Haynes Invs., LLC","case_number":"Civil Action No. 3:18cv48","citation":"368 F. Supp. 3d 901","date":"2019-03-22","url":"https:\/\/www.courtlistener.com\/opinion\/7334960\/gibbs-v-haynes-invs-llc\/","abstract":" .\u202f.\u202f. As to Plain Green, Plaintiffs allege that the Haynes Defendants, in conjunction with other actors .\u202f.\u202f. ","court_html":"District Court, E.D. Virginia"}}}},{"id":373883,"structure_id":53189,"section_number":"6.2-1542","catch_line":"Duty to refund unauthorized or excess charges; liability to borrower for penalty","url":"\/6.2-1542\/","token":"6.2\/III\/15\/6.2-1542","metadata":false},{"id":373884,"structure_id":53189,"section_number":"6.2-1543","catch_line":"Civil penalties","url":"\/6.2-1543\/","token":"6.2\/III\/15\/6.2-1543","metadata":false}],"previous_section":{"id":373849,"structure_id":53189,"section_number":"6.2-1511","catch_line":"Revocation of license","url":"\/6.2-1511\/","token":"6.2\/III\/15\/6.2-1511","metadata":{"court_decisions":""}},"next_section":{"id":373851,"structure_id":53189,"section_number":"6.2-1513","catch_line":"Record and notice of revocation or suspension","url":"\/6.2-1513\/","token":"6.2\/III\/15\/6.2-1513","metadata":{"court_decisions":""}},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1512\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1966, chapter 584; in 2010, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?101+ful+CHAP0794\">794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1492869,"object_type":"law","relational_id":373850,"identifier":"6.2-1512","token":"6.2\/III\/15\/6.2-1512","url":"\/6.2-1512\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-1512\/","token":"6.2\/III\/15\/6.2-1512","dublin_core":{"Title":"Suspension of license","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1512","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>If the <span class=\"dictionary\">Commission<\/span> finds that <span class=\"dictionary\">probable cause<\/span> for <span class=\"dictionary\">revocation<\/span> of any license exists and that enforcement of the <span class=\"dictionary\">law<\/span> requires immediate suspension of the license pending investigation, it may, upon three days&#8217; written notice and a <span class=\"dictionary\">hearing<\/span>, by the <span class=\"dictionary\">Commission<\/span> or by the <span class=\"dictionary\">Commissioner<\/span>, enter an <span class=\"dictionary\">order<\/span> suspending the license for a period not exceeding 30 days.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nSUSPENSION OF LICENSE (\u00a7 6.2-1512)\n\nIf the Commission finds that probable cause for revocation of any license exists\nand that enforcement of the law requires immediate suspension of the license\npending investigation, it may, upon three days&#8217; written notice and a\nhearing, by the Commission or by the Commissioner, enter an order suspending the\nlicense for a period not exceeding 30 days.\n\nHISTORY: Code 1950, \u00a7 6-291; 1966, c. 584, \u00a7 6.1-261; 2010, c. 794.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}