Va. Code Ann. § 6.2-1420
This is the official text of Va. Code Ann. § 6.2-1420, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Notice of proposed suspension or revocation
Official statutory text
The Commission may not revoke or suspend the authority of an association to do business upon any of the grounds set forth in § 6.2-1418 until it has given the association 21 days' notice in writing of the reasons for the proposed revocation or suspension and an opportunity to introduce evidence and be heard. The notice shall be sent by certified mail to the principal place of business of the association and shall state with particularity the grounds for the contemplated action. Within 14 days of mailing the notice, the association may file with the clerk of the Commission a written request for a hearing. If a hearing is so requested, the Commission shall not suspend or revoke the association's authority to do business except based upon findings made at such hearing.
1993, c. 419, § 6.1-237.10; 2010, c. 794 .
1993, c. 419, § 6.1-237.10; 2010, c. 794 .
Status: in_force · Read it on the official government site
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