Virginia § 6.2-1621 - Filing of written report with Commissioner; events affecting activities of licensee
Full text of Virginia Code of Virginia § 6.2-1621 — Filing of written report with Commissioner; events affecting activities of licensee, with citation guidance and answers to common questions.
§ 6.2-1621. Filing of written report with Commissioner; events affecting activities of licensee
A. A licensee shall file a written report with the Commissioner within 15 days of becoming aware of the occurrence of any of the following:
1. The filing for bankruptcy or reorganization by the licensee;
2. The institution of revocation or suspension proceedings against the licensee by any state or governmental authority;
3. The denial of the opportunity of the licensee to engage in business by any state or governmental authority;
4. Any felony indictment of the licensee or any of its employees, officers, directors, or principals;
5. Any felony conviction of the licensee or any of its employees, officers, directors, or principals; and
6. Such other events as the Commissioner may determine and identify by regulation.
B. The report shall be in writing and describe the event and its expected impact on the activities of the licensee in the Commonwealth.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 6.2-1621
What does Code of Virginia § 6.2-1621 cover?
Section 6.2-1621 ("Filing of written report with Commissioner; events affecting activities of licensee") 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 § 6.2-1621?
A common citation format is "Code of Virginia § 6.2-1621" (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 § 6.2-1621 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.