Virginia § 6.2-1941 - (Effective July 1, 2026) Reports of certain events
Full text of Virginia Code of Virginia § 6.2-1941 — (Effective July 1, 2026) Reports of certain events, with citation guidance and answers to common questions.
§ 6.2-1941. (Effective July 1, 2026) Reports of certain events
A. A licensee shall file a report with the Commission within one business day after the licensee has reason to know of the occurrence of any of the following events:
1. The filing of a petition by or against the licensee under the United States Bankruptcy Code (11 U.S.C. § 101 et seq.) for bankruptcy or reorganization;
2. The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors;
3. The commencement of a proceeding to revoke or suspend its license or other authority to operate in another jurisdiction; or
4. Such other events as the Commission may prescribe by regulation.
B. A licensee shall file a report with the Commission within three business days after the licensee has reason to know of the occurrence of any of the following events:
1. An indictment, charge, or conviction of the licensee or of a key individual or person in control of the licensee for a felony;
2. An indictment, charge, or conviction of an authorized delegate for a felony; or
3. Such other events as the Commission may prescribe by regulation.
2025, c. 214.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 6.2-1941
What does Code of Virginia § 6.2-1941 cover?
Section 6.2-1941 ("(Effective July 1, 2026) Reports of certain events") 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 § 6.2-1941?
A common citation format is "Code of Virginia § 6.2-1941" (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 § 6.2-1941 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.