Code of Virginia § 6.2-2618. Civil penalties.
104 words·~1 min read·
/va/title-6-2/chapter-26/6-2-2618A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commission may impose a civil penalty not exceeding $2,500 upon any person who it determines, in proceedings commenced in accordance with the Commission's Rules, has violated any of the provisions of this chapter or regulations adopted by the Commission pursuant thereto or violated any other law or regulation applicable to conduct of the person's business. For the purposes of this section, each separate violation shall be subject to the civil penalty prescribed in this section, and each day that an unlicensed person engages in the business of a qualified education loan servicer shall constitute a separate violation.
2020, cc. 1198 , 1250 .