{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-2028.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-2028.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-2028.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-2028.html"}],"law_id":374068,"edition_id":2,"section_id":374068,"structure_id":53199,"section_number":"6.2-2028","catch_line":"Application for license; form; content; fee","history":"2020, c. 785.","full_text":"A\n\nAn application for a license under this chapter shall be made in writing, under oath, and on a form provided by the Commissioner.\n\nB\n\nThe application shall include:\n\n1\n\nThe name and address of the applicant and (i) if the applicant is a partnership, firm, or association, the name and address of each partner or member; (ii) if the applicant is a corporation or limited liability company, the name and address of each director, member, registered agent, and principal; or (iii) if the applicant is a business trust, the name and address of each trustee and beneficiary;\n\n2\n\nThe name and address of each manager and officer;\n\n3\n\nThe addresses of the locations of the business to be licensed;\n\n4\n\nFinancial statements for the applicant;\n\n5\n\nA current copy of the applicant&#8217;s standard debt settlement services agreement;\n\n6\n\nSuch other information concerning the financial responsibility, background, experience, and activities of the applicant and the persons referred to in this section as the Commissioner may require;\n\n7\n\nAny other pertinent information as the Commissioner may require; and\n\n8\n\nPayment of an application fee of $500.\n\nC\n\nThe application fee shall not be refundable in any event. The fee shall not be abated by surrender, suspension, or revocation of the license.\n\n","order_by":null,"text":{"0":{"id":1396414,"text":"An application for a license under this chapter shall be made in writing, under oath, and on a form provided by the Commissioner.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1396415,"text":"The application shall include:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":1396416,"text":"The name and address of the applicant and (i) if the applicant is a partnership, firm, or association, the name and address of each partner or member; (ii) if the applicant is a corporation or limited liability company, the name and address of each director, member, registered agent, and principal; or (iii) if the applicant is a business trust, the name and address of each trustee and beneficiary;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":1396417,"text":"The name and address of each manager and officer;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":1396418,"text":"The addresses of the locations of the business to be licensed;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":1396419,"text":"Financial statements for the applicant;","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":1396420,"text":"A current copy of the applicant&#8217;s standard debt settlement services agreement;","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"B6"},"7":{"id":1396421,"text":"Such other information concerning the financial responsibility, background, experience, and activities of the applicant and the persons referred to in this section as the Commissioner may require;","type":"section","prefixes":["B","6"],"prefix":"6","entire_prefix":"B6","prefix_anchor":"B6","level":2,"prior_prefix":"B5","next_prefix":"B7"},"8":{"id":1396422,"text":"Any other pertinent information as the Commissioner may require; and","type":"section","prefixes":["B","7"],"prefix":"7","entire_prefix":"B7","prefix_anchor":"B7","level":2,"prior_prefix":"B6","next_prefix":"B8"},"9":{"id":1396423,"text":"Payment of an application fee of $500.","type":"section","prefixes":["B","8"],"prefix":"8","entire_prefix":"B8","prefix_anchor":"B8","level":2,"prior_prefix":"B7","next_prefix":"C"},"10":{"id":1396424,"text":"The application fee shall not be refundable in any event. The fee shall not be abated by surrender, suspension, or revocation of the license.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B8"}},"ancestry":[{"id":53199,"edition_id":2,"name":"Debt Settlement Services Providers","identifier":"20.1","label":"chapter","depth":3,"order_by":8,"parent_id":53187,"metadata":{"child_laws":25,"child_structures":0},"date_created":"2026-08-02 03:12:48","date_modified":"2026-08-02 12:28:08","permalink":{"id":1493733,"object_type":"structure","relational_id":53199,"identifier":"20.1","token":"6.2\/III\/20.1","url":"\/6.2\/III\/20.1\/","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":374066,"structure_id":53199,"section_number":"6.2-2026","catch_line":"Definitions","url":"\/6.2-2026\/","token":"6.2\/III\/20.1\/6.2-2026","metadata":false},{"id":374067,"structure_id":53199,"section_number":"6.2-2027","catch_line":"License requirement; exceptions","url":"\/6.2-2027\/","token":"6.2\/III\/20.1\/6.2-2027","metadata":false},{"id":374068,"structure_id":53199,"section_number":"6.2-2028","catch_line":"Application for license; form; content; fee","url":"\/6.2-2028\/","token":"6.2\/III\/20.1\/6.2-2028","metadata":false},{"id":374069,"structure_id":53199,"section_number":"6.2-2029","catch_line":"Bond required","url":"\/6.2-2029\/","token":"6.2\/III\/20.1\/6.2-2029","metadata":false},{"id":374071,"structure_id":53199,"section_number":"6.2-2030","catch_line":"Investigation of applications","url":"\/6.2-2030\/","token":"6.2\/III\/20.1\/6.2-2030","metadata":false},{"id":374072,"structure_id":53199,"section_number":"6.2-2031","catch_line":"Qualifications","url":"\/6.2-2031\/","token":"6.2\/III\/20.1\/6.2-2031","metadata":false},{"id":374073,"structure_id":53199,"section_number":"6.2-2032","catch_line":"Licenses; places of business; changes","url":"\/6.2-2032\/","token":"6.2\/III\/20.1\/6.2-2032","metadata":false},{"id":374074,"structure_id":53199,"section_number":"6.2-2033","catch_line":"Acquisition of control; application","url":"\/6.2-2033\/","token":"6.2\/III\/20.1\/6.2-2033","metadata":false},{"id":374075,"structure_id":53199,"section_number":"6.2-2034","catch_line":"Retention of books, accounts, and records; responding to Bureau","url":"\/6.2-2034\/","token":"6.2\/III\/20.1\/6.2-2034","metadata":false},{"id":374076,"structure_id":53199,"section_number":"6.2-2035","catch_line":"Annual report","url":"\/6.2-2035\/","token":"6.2\/III\/20.1\/6.2-2035","metadata":false},{"id":374077,"structure_id":53199,"section_number":"6.2-2036","catch_line":"Other reporting requirements","url":"\/6.2-2036\/","token":"6.2\/III\/20.1\/6.2-2036","metadata":false},{"id":374078,"structure_id":53199,"section_number":"6.2-2037","catch_line":"Investigations; examinations","url":"\/6.2-2037\/","token":"6.2\/III\/20.1\/6.2-2037","metadata":false},{"id":374079,"structure_id":53199,"section_number":"6.2-2038","catch_line":"Annual fees","url":"\/6.2-2038\/","token":"6.2\/III\/20.1\/6.2-2038","metadata":{"court_decisions":""}},{"id":374080,"structure_id":53199,"section_number":"6.2-2039","catch_line":"Regulations","url":"\/6.2-2039\/","token":"6.2\/III\/20.1\/6.2-2039","metadata":false},{"id":374082,"structure_id":53199,"section_number":"6.2-2040","catch_line":"Licensees providing debt settlement services; prohibited and required business methods","url":"\/6.2-2040\/","token":"6.2\/III\/20.1\/6.2-2040","metadata":false},{"id":374083,"structure_id":53199,"section_number":"6.2-2041","catch_line":"Fee","url":"\/6.2-2041\/","token":"6.2\/III\/20.1\/6.2-2041","metadata":{"court_decisions":""}},{"id":374084,"structure_id":53199,"section_number":"6.2-2042","catch_line":"Advertising","url":"\/6.2-2042\/","token":"6.2\/III\/20.1\/6.2-2042","metadata":false},{"id":374085,"structure_id":53199,"section_number":"6.2-2043","catch_line":"Suspension or revocation of license","url":"\/6.2-2043\/","token":"6.2\/III\/20.1\/6.2-2043","metadata":false},{"id":374086,"structure_id":53199,"section_number":"6.2-2044","catch_line":"Cease and desist orders","url":"\/6.2-2044\/","token":"6.2\/III\/20.1\/6.2-2044","metadata":false},{"id":374087,"structure_id":53199,"section_number":"6.2-2045","catch_line":"Notice of proposed suspension or revocation","url":"\/6.2-2045\/","token":"6.2\/III\/20.1\/6.2-2045","metadata":false},{"id":374088,"structure_id":53199,"section_number":"6.2-2046","catch_line":"Civil penalties","url":"\/6.2-2046\/","token":"6.2\/III\/20.1\/6.2-2046","metadata":false},{"id":374089,"structure_id":53199,"section_number":"6.2-2047","catch_line":"Criminal penalty","url":"\/6.2-2047\/","token":"6.2\/III\/20.1\/6.2-2047","metadata":false},{"id":374090,"structure_id":53199,"section_number":"6.2-2048","catch_line":"Private right of action","url":"\/6.2-2048\/","token":"6.2\/III\/20.1\/6.2-2048","metadata":false},{"id":374091,"structure_id":53199,"section_number":"6.2-2049","catch_line":"Authority of Attorney General; referral by Commission to Attorney General","url":"\/6.2-2049\/","token":"6.2\/III\/20.1\/6.2-2049","metadata":false},{"id":374092,"structure_id":53199,"section_number":"6.2-2050","catch_line":"Violation of the Virginia Consumer Protection Act","url":"\/6.2-2050\/","token":"6.2\/III\/20.1\/6.2-2050","metadata":false}],"previous_section":{"id":374067,"structure_id":53199,"section_number":"6.2-2027","catch_line":"License requirement; exceptions","url":"\/6.2-2027\/","token":"6.2\/III\/20.1\/6.2-2027","metadata":false},"next_section":{"id":374069,"structure_id":53199,"section_number":"6.2-2029","catch_line":"Bond required","url":"\/6.2-2029\/","token":"6.2\/III\/20.1\/6.2-2029","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-2028\/","history_text":"<p>This law was first created in 2020. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP0785\">785<\/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.<\/p>","references":[{"id":374072,"section_number":"6.2-2031","catch_line":"Qualifications","order_by":null,"url":"\/6.2-2031\/"}],"refers_to":false,"permalink":{"id":1493743,"object_type":"law","relational_id":374068,"identifier":"6.2-2028","token":"6.2\/III\/20.1\/6.2-2028","url":"\/6.2-2028\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-2028\/","token":"6.2\/III\/20.1\/6.2-2028","dublin_core":{"Title":"Application for license; form; content; fee","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-2028","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> An application for a license under this chapter shall be made in writing, under <span class=\"dictionary\">oath<\/span>, and on a form provided by the <span class=\"dictionary\">Commissioner<\/span>. <a id=\"paragraph-1396414\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The application shall include: <a id=\"paragraph-1396415\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> The name and address of the applicant and (i) if the applicant is a partnership, firm, or association, the name and address of each partner or member; (ii) if the applicant is a corporation or limited liability company, the name and address of each director, member, registered agent, and <span class=\"dictionary\">principal<\/span>; or (iii) if the applicant is a business trust, the name and address of each trustee and beneficiary; <a id=\"paragraph-1396416\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> The name and address of each manager and officer; <a id=\"paragraph-1396417\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> The addresses of the locations of the business to be licensed; <a id=\"paragraph-1396418\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> Financial statements for the applicant; <a id=\"paragraph-1396419\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> A current copy of the applicant&#8217;s standard <span class=\"dictionary\">debt settlement services<\/span> agreement; <a id=\"paragraph-1396420\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B6\" class=\"indent-1\"><p><span class=\"prefix-number\">6.<\/span> Such other information concerning the financial responsibility, background, experience, and activities of the applicant and the <span class=\"dictionary\">persons<\/span> referred to in this section as the <span class=\"dictionary\">Commissioner<\/span> may require; <a id=\"paragraph-1396421\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B6\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B7\" class=\"indent-1\"><p><span class=\"prefix-number\">7.<\/span> Any other pertinent information as the <span class=\"dictionary\">Commissioner<\/span> may require; and <a id=\"paragraph-1396422\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B7\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B8\" class=\"indent-1\"><p><span class=\"prefix-number\">8.<\/span> Payment of an application fee of $500. <a id=\"paragraph-1396423\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#B8\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> The application fee shall not be refundable in any event. The fee shall not be abated by surrender, suspension, or <span class=\"dictionary\">revocation<\/span> of the license. <a id=\"paragraph-1396424\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-2028\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nAPPLICATION FOR LICENSE; FORM; CONTENT; FEE (\u00a7 6.2-2028)\n\nA. An application for a license under this chapter shall be made in writing,\nunder oath, and on a form provided by the Commissioner.\n\nB. The application shall include:\n\n   1. The name and address of the applicant and (i) if the applicant is a\n   partnership, firm, or association, the name and address of each partner or\n   member; (ii) if the applicant is a corporation or limited liability company,\n   the name and address of each director, member, registered agent, and\n   principal; or (iii) if the applicant is a business trust, the name and address\n   of each trustee and beneficiary;\n\n   2. The name and address of each manager and officer;\n\n   3. The addresses of the locations of the business to be licensed;\n\n   4. Financial statements for the applicant;\n\n   5. A current copy of the applicant&#8217;s standard debt settlement services\n   agreement;\n\n   6. Such other information concerning the financial responsibility, background,\n   experience, and activities of the applicant and the persons referred to in\n   this section as the Commissioner may require;\n\n   7. Any other pertinent information as the Commissioner may require; and\n\n   8. Payment of an application fee of $500.\n\nC. The application fee shall not be refundable in any event. The fee shall not\nbe abated by surrender, suspension, or revocation of the license.\n\nHISTORY: 2020, c. 785.","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"}}