{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-2006.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-2006.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-2006.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-2006.html"}],"law_id":374044,"edition_id":2,"section_id":374044,"structure_id":53197,"section_number":"6.2-2006","catch_line":"Licenses; places of business; changes","history":"2004, c. 790, \u00a7 6.1-363.8; 2010, c. 794.","full_text":"A\n\nEach license shall state the address or addresses at which the business is to be conducted and shall state fully the legal name of the licensee as well as any fictitious name by which the licensee is operating in the Commonwealth. Each license shall be posted prominently in each place of business of the licensee. Licenses shall not be transferable or assignable, by operation of law or otherwise. No licensee shall use any name in the Commonwealth other than the legal name or fictitious name set forth on the license issued by the Commission.\n\nB\n\nNo licensee shall open an additional office or relocate any place of business without prior approval of the Commission. Applications for such approval shall be made in writing on a form provided by the Commissioner and shall be accompanied by payment of a $150 nonrefundable application fee. The application shall be approved unless the Commission finds that the applicant has not conducted business under this chapter efficiently, fairly, in the public interest, and in accordance with law. The application shall be deemed approved if notice to the contrary has not been mailed by the Commission to the applicant within 30 days of the date the application is received by the Commission, but this period may be extended for good cause. After approval, the applicant shall give written notice to the Commissioner within 20 days of the commencement of business at the additional location or relocated place of business.\n\nC\n\nEvery licensee shall within 20 days notify the Commissioner, in writing, of the closing of any business location and of the name, address, and position of each new senior officer, member, partner, or director and provide such other information with respect to any such change as the Commissioner may reasonably require.\n\nD\n\nEvery license shall remain in force until it has been surrendered, revoked, or suspended. The surrender, revocation, or suspension of a license shall not affect any preexisting legal right or obligation of such licensee.\n\n","order_by":null,"text":{"0":{"id":1396323,"text":"Each license shall state the address or addresses at which the business is to be conducted and shall state fully the legal name of the licensee as well as any fictitious name by which the licensee is operating in the Commonwealth. Each license shall be posted prominently in each place of business of the licensee. Licenses shall not be transferable or assignable, by operation of law or otherwise. No licensee shall use any name in the Commonwealth other than the legal name or fictitious name set forth on the license issued by the Commission.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1396324,"text":"No licensee shall open an additional office or relocate any place of business without prior approval of the Commission. Applications for such approval shall be made in writing on a form provided by the Commissioner and shall be accompanied by payment of a $150 nonrefundable application fee. The application shall be approved unless the Commission finds that the applicant has not conducted business under this chapter efficiently, fairly, in the public interest, and in accordance with law. The application shall be deemed approved if notice to the contrary has not been mailed by the Commission to the applicant within 30 days of the date the application is received by the Commission, but this period may be extended for good cause. After approval, the applicant shall give written notice to the Commissioner within 20 days of the commencement of business at the additional location or relocated place of business.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":1396325,"text":"Every licensee shall within 20 days notify the Commissioner, in writing, of the closing of any business location and of the name, address, and position of each new senior officer, member, partner, or director and provide such other information with respect to any such change as the Commissioner may reasonably require.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":1396326,"text":"Every license shall remain in force until it has been surrendered, revoked, or suspended. The surrender, revocation, or suspension of a license shall not affect any preexisting legal right or obligation of such licensee.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":53197,"edition_id":2,"name":"Agencies Providing Debt Management Plans","identifier":"20","label":"chapter","depth":3,"order_by":7,"parent_id":53187,"metadata":{"child_laws":26,"child_structures":0},"date_created":"2026-08-02 03:12:45","date_modified":"2026-08-02 12:28:08","permalink":{"id":1493627,"object_type":"structure","relational_id":53197,"identifier":"20","token":"6.2\/III\/20","url":"\/6.2\/III\/20\/","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":374038,"structure_id":53197,"section_number":"6.2-2000","catch_line":"Definitions","url":"\/6.2-2000\/","token":"6.2\/III\/20\/6.2-2000","metadata":false},{"id":374039,"structure_id":53197,"section_number":"6.2-2001","catch_line":"(Effective July 1, 2026) License requirement; exceptions","url":"\/6.2-2001\/","token":"6.2\/III\/20\/6.2-2001","metadata":false},{"id":374040,"structure_id":53197,"section_number":"6.2-2002","catch_line":"Application for license; form; content; fee","url":"\/6.2-2002\/","token":"6.2\/III\/20\/6.2-2002","metadata":{"court_decisions":{"0":{"name":"Cochran v. Fairfax County Board of Zoning Appeals","case_number":"Record 030982; Record 031770; Record 031771","citation":"267 Va. 756","date":"2004-04-23","url":"https:\/\/www.courtlistener.com\/opinion\/1059092\/cochran-v-fairfax-county-board-of-zoning-appeals\/","abstract":" .\u202f.\u202f. SENIOR JUSTICE RUSSELL .\u202f.\u202f. ","court_html":"SCV<\/abbr>"},"1":{"name":"Bd. of Zoning of the City of Virginia Beach v. Pennington","case_number":"031771","citation":null,"date":"2004-04-23","url":"https:\/\/www.courtlistener.com\/opinion\/1059105\/bd-of-zoning-of-the-city-of-virginia-beach-v-penni\/","abstract":" .\u202f.\u202f. Present: Hassell, C.J., Lacy, Koontz, Kinser, Lemons and .\u202f.\u202f. ","court_html":"SCV<\/abbr>"},"2":{"name":"Cochran v. FAIRFAX COUNTY BD. OF ZONING","case_number":"030982","citation":"594 S.E.2d 571","date":"2004-04-23","url":"https:\/\/www.courtlistener.com\/opinion\/1059103\/cochran-v-fairfax-county-bd-of-zoning\/","abstract":" .\u202f.\u202f. 594 S.E.2d 571 (2004) .\u202f.\u202f. ","court_html":"SCV<\/abbr>"}}}},{"id":374041,"structure_id":53197,"section_number":"6.2-2003","catch_line":"Bond required","url":"\/6.2-2003\/","token":"6.2\/III\/20\/6.2-2003","metadata":false},{"id":374042,"structure_id":53197,"section_number":"6.2-2004","catch_line":"Investigation of applications","url":"\/6.2-2004\/","token":"6.2\/III\/20\/6.2-2004","metadata":false},{"id":374043,"structure_id":53197,"section_number":"6.2-2005","catch_line":"Qualifications","url":"\/6.2-2005\/","token":"6.2\/III\/20\/6.2-2005","metadata":false},{"id":374044,"structure_id":53197,"section_number":"6.2-2006","catch_line":"Licenses; places of business; changes","url":"\/6.2-2006\/","token":"6.2\/III\/20\/6.2-2006","metadata":false},{"id":374045,"structure_id":53197,"section_number":"6.2-2007","catch_line":"Acquisition of control; application","url":"\/6.2-2007\/","token":"6.2\/III\/20\/6.2-2007","metadata":false},{"id":374046,"structure_id":53197,"section_number":"6.2-2008","catch_line":"Retention of books, accounts, and records; responding to Bureau","url":"\/6.2-2008\/","token":"6.2\/III\/20\/6.2-2008","metadata":false},{"id":374047,"structure_id":53197,"section_number":"6.2-2009","catch_line":"Annual report","url":"\/6.2-2009\/","token":"6.2\/III\/20\/6.2-2009","metadata":false},{"id":374049,"structure_id":53197,"section_number":"6.2-2010","catch_line":"Other reporting requirements","url":"\/6.2-2010\/","token":"6.2\/III\/20\/6.2-2010","metadata":false},{"id":374050,"structure_id":53197,"section_number":"6.2-2011","catch_line":"Investigations; examinations","url":"\/6.2-2011\/","token":"6.2\/III\/20\/6.2-2011","metadata":{"court_decisions":{"0":{"name":"Capital One Financial Corporation v. Commissioner","case_number":"10-1788","citation":null,"date":"2011-10-21","url":"https:\/\/www.courtlistener.com\/opinion\/2968580\/capital-one-financial-corporation-v-commissioner\/","abstract":" .\u202f.\u202f. PUBLISHED .\u202f.\u202f. ","court_html":"Court of Appeals for the Fourth Circuit"},"1":{"name":"Capital One Financial Corp. v. Commissioner","case_number":"10-1788","citation":"659 F.3d 316","date":"2011-10-21","url":"https:\/\/www.courtlistener.com\/opinion\/2484672\/capital-one-financial-corp-v-commissioner\/","abstract":" .\u202f.\u202f. 659 F.3d 316 (2011) .\u202f.\u202f. ","court_html":"Court of Appeals for the Fourth Circuit"}}}},{"id":374051,"structure_id":53197,"section_number":"6.2-2012","catch_line":"Annual fees","url":"\/6.2-2012\/","token":"6.2\/III\/20\/6.2-2012","metadata":{"court_decisions":""}},{"id":374052,"structure_id":53197,"section_number":"6.2-2013","catch_line":"Regulations","url":"\/6.2-2013\/","token":"6.2\/III\/20\/6.2-2013","metadata":false},{"id":374053,"structure_id":53197,"section_number":"6.2-2014","catch_line":"Required and prohibited business methods","url":"\/6.2-2014\/","token":"6.2\/III\/20\/6.2-2014","metadata":false},{"id":374054,"structure_id":53197,"section_number":"6.2-2015","catch_line":"Fees and contributions","url":"\/6.2-2015\/","token":"6.2\/III\/20\/6.2-2015","metadata":false},{"id":374055,"structure_id":53197,"section_number":"6.2-2016","catch_line":"Additional charges","url":"\/6.2-2016\/","token":"6.2\/III\/20\/6.2-2016","metadata":false},{"id":374056,"structure_id":53197,"section_number":"6.2-2017","catch_line":"Advertising","url":"\/6.2-2017\/","token":"6.2\/III\/20\/6.2-2017","metadata":false},{"id":374057,"structure_id":53197,"section_number":"6.2-2018","catch_line":"Suspension or revocation of license","url":"\/6.2-2018\/","token":"6.2\/III\/20\/6.2-2018","metadata":false},{"id":374058,"structure_id":53197,"section_number":"6.2-2019","catch_line":"Cease and desist orders","url":"\/6.2-2019\/","token":"6.2\/III\/20\/6.2-2019","metadata":false},{"id":374060,"structure_id":53197,"section_number":"6.2-2020","catch_line":"Notice of proposed suspension or revocation","url":"\/6.2-2020\/","token":"6.2\/III\/20\/6.2-2020","metadata":false},{"id":374061,"structure_id":53197,"section_number":"6.2-2021","catch_line":"Civil penalties","url":"\/6.2-2021\/","token":"6.2\/III\/20\/6.2-2021","metadata":false},{"id":374062,"structure_id":53197,"section_number":"6.2-2022","catch_line":"Criminal penalty","url":"\/6.2-2022\/","token":"6.2\/III\/20\/6.2-2022","metadata":false},{"id":374063,"structure_id":53197,"section_number":"6.2-2023","catch_line":"Private right of action","url":"\/6.2-2023\/","token":"6.2\/III\/20\/6.2-2023","metadata":false},{"id":374064,"structure_id":53197,"section_number":"6.2-2024","catch_line":"Authority of Attorney General; referral by Commission to Attorney General","url":"\/6.2-2024\/","token":"6.2\/III\/20\/6.2-2024","metadata":false},{"id":374065,"structure_id":53197,"section_number":"6.2-2025","catch_line":"Violation of the Virginia Consumer Protection Act","url":"\/6.2-2025\/","token":"6.2\/III\/20\/6.2-2025","metadata":false}],"previous_section":{"id":374043,"structure_id":53197,"section_number":"6.2-2005","catch_line":"Qualifications","url":"\/6.2-2005\/","token":"6.2\/III\/20\/6.2-2005","metadata":false},"next_section":{"id":374045,"structure_id":53197,"section_number":"6.2-2007","catch_line":"Acquisition of control; application","url":"\/6.2-2007\/","token":"6.2\/III\/20\/6.2-2007","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-2006\/","history_text":"

This law was first created in 2004. The record of its establishment is cataloged in chapter 790<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. 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. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1493653,"object_type":"law","relational_id":374044,"identifier":"6.2-2006","token":"6.2\/III\/20\/6.2-2006","url":"\/6.2-2006\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-2006\/","token":"6.2\/III\/20\/6.2-2006","dublin_core":{"Title":"Licenses; places of business; changes","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-2006","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Each license shall state the address or addresses at which the business is to be conducted and shall state fully the legal name of the licensee<\/span> as well as any fictitious name by which the licensee<\/span> is operating in the Commonwealth. Each license shall be posted prominently in each place of business of the licensee<\/span>. Licenses shall not be transferable or assignable, by operation of law<\/span> or otherwise. No licensee<\/span> shall use any name in the Commonwealth other than the legal name or fictitious name set forth on the license issued by the Commission<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> No licensee<\/span> shall open an additional office or relocate any place of business without prior approval of the Commission<\/span>. Applications for such approval shall be made in writing on a form provided by the Commissioner<\/span> and shall be accompanied by payment of a $150 nonrefundable application fee. The application shall be approved unless the Commission<\/span> finds that the applicant has not conducted business under this chapter efficiently, fairly, in the public interest, and in accordance with law<\/span>. The application shall be deemed approved if notice to the contrary has not been mailed by the Commission<\/span> to the applicant within 30 days of the date the application is received by the Commission<\/span>, but this period may be extended for good cause. After approval, the applicant shall give written notice to the Commissioner<\/span> within 20 days of the commencement of business at the additional location or relocated place of business. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Every licensee<\/span> shall within 20 days notify the Commissioner<\/span>, in writing, of the closing of any business location and of the name, address, and position of each new senior officer, member, partner, or director and provide such other information with respect to any such change as the Commissioner<\/span> may reasonably require. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Every license shall remain in force until it has been surrendered, revoked, or suspended. The surrender, revocation<\/span>, or suspension of a license shall not affect any preexisting legal right or obligation of such licensee<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLICENSES; PLACES OF BUSINESS; CHANGES (\u00a7 6.2-2006)\n\nA. Each license shall state the address or addresses at which the business is to\nbe conducted and shall state fully the legal name of the licensee as well as any\nfictitious name by which the licensee is operating in the Commonwealth. Each\nlicense shall be posted prominently in each place of business of the licensee.\nLicenses shall not be transferable or assignable, by operation of law or\notherwise. No licensee shall use any name in the Commonwealth other than the\nlegal name or fictitious name set forth on the license issued by the Commission.\n\nB. No licensee shall open an additional office or relocate any place of business\nwithout prior approval of the Commission. Applications for such approval shall\nbe made in writing on a form provided by the Commissioner and shall be\naccompanied by payment of a $150 nonrefundable application fee. The application\nshall be approved unless the Commission finds that the applicant has not\nconducted business under this chapter efficiently, fairly, in the public\ninterest, and in accordance with law. The application shall be deemed approved\nif notice to the contrary has not been mailed by the Commission to the applicant\nwithin 30 days of the date the application is received by the Commission, but\nthis period may be extended for good cause. After approval, the applicant shall\ngive written notice to the Commissioner within 20 days of the commencement of\nbusiness at the additional location or relocated place of business.\n\nC. Every licensee shall within 20 days notify the Commissioner, in writing, of\nthe closing of any business location and of the name, address, and position of\neach new senior officer, member, partner, or director and provide such other\ninformation with respect to any such change as the Commissioner may reasonably\nrequire.\n\nD. Every license shall remain in force until it has been surrendered, revoked,\nor suspended. The surrender, revocation, or suspension of a license shall not\naffect any preexisting legal right or obligation of such licensee.\n\nHISTORY: 2004, c. 790, \u00a7 6.1-363.8; 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"}}