Virginia Code 6.2-1513: Record and notice of revocation or suspension
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Whenever the Commission revokes or suspends a license issued pursuant to this chapter, it shall:
Terms Used In Virginia Code 6.2-1513
- Commission: means the State Corporation Commission. See Virginia Code 6.2-100
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Licensee: means a consumer finance company to which a license has been issued by the Commission pursuant to this chapter. See Virginia Code 6.2-1500
1. Enter an order to that effect, which order shall set forth its findings;
2. Compile a record containing (i) a summary of the evidence, (ii) the findings with respect thereto, (iii) the order, and (iv) the reasons supporting the revocation or suspension; and
3. Serve a copy of the order upon the licensee.
Code 1950, § 6-292; 1966, c. 584, § 6.1-262; 2010, c. 794.