{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-1543.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-1543.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-1543.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-1543.html"}],"law_id":373884,"edition_id":2,"section_id":373884,"structure_id":53189,"section_number":"6.2-1543","catch_line":"Civil penalties","history":"Code 1950, \u00a7 6-338; 1956, c. 71; 1966, c. 584, \u00a7 6.1-309; 1976, c. 658; 1986, c. 502; 2010, c. 794.","full_text":"The Commission may impose a civil penalty not exceeding $10,000 upon any licensee who it determines, in proceedings conducted in accordance with the Commission&#8217;s Rules, has violated any provision of this chapter or of any regulation or order of the Commission, either knowingly or without the exercise of due care to prevent the violation. In any proceeding under this section, a licensee shall not be penalized for any act or omission done in reasonable reliance on any regulation, order, letter, or other written directive or request of the Commission.\n\n","order_by":null,"text":{"0":{"id":1395416,"text":"The Commission may impose a civil penalty not exceeding $10,000 upon any licensee who it determines, in proceedings conducted in accordance with the Commission&#8217;s Rules, has violated any provision of this chapter or of any regulation or order of the Commission, either knowingly or without the exercise of due care to prevent the violation. In any proceeding under this section, a licensee shall not be penalized for any act or omission done in reasonable reliance on any regulation, order, letter, or other written directive or request of the Commission.","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":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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1543\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 5 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 1956, chapter 71; in 1966, chapter 584; in 1976, chapter 658; in 1986, chapter 502; 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":1493005,"object_type":"law","relational_id":373884,"identifier":"6.2-1543","token":"6.2\/III\/15\/6.2-1543","url":"\/6.2-1543\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-1543\/","token":"6.2\/III\/15\/6.2-1543","dublin_core":{"Title":"Civil penalties","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1543","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Commission<\/span> may impose a civil <span class=\"dictionary\">penalty<\/span> not exceeding $10,000 upon any <span class=\"dictionary\">licensee<\/span> who it determines, in proceedings conducted in accordance with the <span class=\"dictionary\">Commission<\/span>&#8217;s Rules, has violated any provision of this chapter or of any regulation or <span class=\"dictionary\">order<\/span> of the <span class=\"dictionary\">Commission<\/span>, either knowingly or without the exercise of due care to prevent the violation. In any proceeding under this section, a <span class=\"dictionary\">licensee<\/span> shall not be penalized for any act or omission done in reasonable reliance on any regulation, <span class=\"dictionary\">order<\/span>, letter, or other written directive or request of the <span class=\"dictionary\">Commission<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCIVIL PENALTIES (\u00a7 6.2-1543)\n\nThe Commission may impose a civil penalty not exceeding $10,000 upon any\nlicensee who it determines, in proceedings conducted in accordance with the\nCommission&#8217;s Rules, has violated any provision of this chapter or of any\nregulation or order of the Commission, either knowingly or without the exercise\nof due care to prevent the violation. In any proceeding under this section, a\nlicensee shall not be penalized for any act or omission done in reasonable\nreliance on any regulation, order, letter, or other written directive or request\nof the Commission.\n\nHISTORY: Code 1950, \u00a7 6-338; 1956, c. 71; 1966, c. 584, \u00a7 6.1-309; 1976, c.\n658; 1986, c. 502; 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"}}