The brand new Percentage, on ten days’ authored observe on licensee saying the fresh new considered action and in general the causes therefor, and you may up on sensible chance to feel heard, may revoke one license given hereunder if it finds you to definitely:

The newest call it quits shall maybe not change the licensee’s civil otherwise violent accountability to possess serves before the amount of time

step one. Brand new licensee enjoys did not afford the annual percentage assessed pursuant so you’re able to § 6.2-1532 or even follow people buy of your own Commission lawfully made pursuant so you can and you will during the power associated with chapter;

dos. The licensee, either consciously otherwise with no exercise of owed worry to cease an equivalent, have broken one supply of the section or any controls lawfully made by the fresh new Commission below § six.2-1535; or

If the Payment discovers one likely reason for revocation of any permit can be found which enforcement of the rules need instant suspension of licenses pending studies, it might, up on around three days’ created find and you will a listening, because of the Percentage otherwise from the Commissioner, enter your order suspending the fresh new permit to possess a time maybe not exceeding 30 days.

2pile a record which has had (i) a summary of the data, (ii) the fresh conclusions with respect thereto, (iii) the order, and you will (iv) the causes giving support to the revocation or suspension system; and you will

The brand new revocation, suspension system, otherwise surrender of any permit shall maybe not impair otherwise affect the obligations of every preexisting lawful offer amongst the licensee and you can people borrower.

New Payment will get reinstate people suspended permit, or thing an alternative license so you’re able to one people permit away from whom might have been terminated, if the zero facts or condition next exists one certainly would have warranted the latest Payment in order to refute to start with so you can question a licenses significantly less than that it section.

A beneficial licensee shall maybe not explore people title other than the newest courtroom title otherwise make believe name set forth with the licenses provided because of the the new Payment.

A good. An excellent licensee should maybe not perform the business of creating finance below this section inside work, package, space, or any other office in which all other organization is solicited otherwise engaged in, or even in connection otherwise combination with almost every other business, unless the new licensee possess basic provided 29 days’ composed observe so you’re able to the fresh new Fee. Most of the notice is accompanied by a fee away from $300.

No licensee should make the business of fabricating loans sent to by this part within this any place from organization aside from try designated on the licenses approved by Fee

B. Up on bill of such see and you can payment, the brand new Fee might need the latest licensee to provide suggestions in accordance with the other providers, along with exactly how and by which it could be held. New Fee will have the power to analyze the fresh perform off particularly other businesses regarding licensee’s bar or nightclub.

C. The fresh arrangements with the point will not apply at (i) people laws accompanied by the Payment prior to , governing this new carry out out of other programs in the place of providers appointed inside a permit otherwise (ii) the authority of your Payment to adopt eg laws as the Percentage deems expected.

D. In the event the Payment finds that the other team (i) was of such a character or perhaps is becoming conducted this kind of a way on cover otherwise support a his comment is here pass otherwise evasion of your own arrangements of chapter or laws and regulations then followed pursuant so you can it; (ii) are against the personal interest; or (iii) are if not getting held when you look at the a criminal manner, brand new Commission get, immediately following see to the licensee and you will an opportunity for a listening, prohibit or limit the conduct of such almost every other team regarding place of business appointed from the licenses.