Virginia § 6.2-1603 - Application for license; form; content; fee
Full text of Virginia Code of Virginia § 6.2-1603 — Application for license; form; content; fee, with citation guidance and answers to common questions.
§ 6.2-1603. Application for license; form; content; fee
A. An application for a license under this chapter shall be made in writing, under oath and on a form provided by the Commissioner.
B. The application shall set forth:
1. The name and address of the applicant;
2. If the applicant is a firm or partnership, the name and address of each member of the firm or partnership;
3. If the applicant is a corporation or a limited liability company, the name and address of each officer, director, registered agent and each principal;
4. The address of each office at which the business to be licensed is to be conducted;
5. Whether the applicant seeks a license to act as a mortgage lender, mortgage broker, or both; and
6. Such other information concerning the financial responsibility, background, experience and activities of the applicant and its members, officers, directors, and principals as the Commissioner may require.
C. The application shall be accompanied by payment of the following fees:
1. A license application fee of:
a. In the case of an application for a license to act as a mortgage lender or a mortgage broker, $500; or
b. In the case of an application for a license to act as both mortgage lender and mortgage broker, $1,000; and
2. An application fee of $150 for each office at which the business to be licensed is to be conducted.
D. The application fees shall not be refundable in any event. The fees shall not be abated by surrender, suspension or revocation of the license.
1987, c. 596, § 6.1-412; 1989, c. 411; 1992, c. 283; 1993, c. 183; 2010, c. 794; 2011, c. 435.
Frequently Asked Questions About Virginia § 6.2-1603
What does Code of Virginia § 6.2-1603 cover?
Section 6.2-1603 ("Application for license; form; content; fee") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 6.2-1603?
A common citation format is "Code of Virginia § 6.2-1603" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 6.2-1603 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.