reglab/housing_qa huggingface dataset:
VA Code § 6.2-2017 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2017. Advertising

No person licensed or required to be licensed under this chapter shall use or cause to be published any advertisement that (i) contains any false, misleading, or deceptive statement or representation; or (ii) identifies the person by any name other than the name set forth on the license issued by the Commission.2004, c. 790, § 6.1-363.19; 2010, c. 794.
VA Code § 6.2-2018 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2018. Suspension or revocation of license

A. The Commission may suspend or revoke any license issued under this chapter upon any of the following grounds:1. Any ground for denial of a license under this chapter;2. Any violation of the provisions of this chapter or regulations adopted by the Commission thereunder, or a violation of any other law or regulation applicable to the conduct of the licensee's business;3. A course of conduct consisting of the failure to perform written agreements with consumers;4. Conviction of a felony or misdemeanor involving fraud, misrepresentation, or deceit;5. Entry of a judgment against the licensee involving fraud, misrepresentation, or deceit;6. Entry of a federal or state administrative order against such licensee for violation of any law or any regulation applicable to the conduct of his business;7. Refusal to permit an investigation or examination by the Commission;8. Failure to pay any fee or assessment imposed by this chapter;9. Failure to comply with any order of the Commission; or10. Insolvency of the licensee.B. For the purposes of this section, acts of any officer, director, member, trustee, beneficiary, partner, or principal shall be deemed acts of the licensee.2004, c. 790, § 6.1-363.20; 2010, c. 794.
VA Code § 6.2-2019 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2019. Cease and desist orders

A. If the Commission determines that any person has violated any provision of this chapter or any regulation adopted hereunder, the Commission may, upon 21 days' notice in writing, order such person to cease and desist from such practices and to comply with the provisions of this chapter. The notice shall be sent by certified mail to the principal place of business of such person or other address authorized under § 12.1-19.1 and shall state the grounds for the contemplated action. Within 14 days of mailing the notice, the person or persons named therein may file with the clerk of the Commission a written request for a hearing. If a hearing is requested, the Commission shall not issue a cease and desist order except based upon findings made at such hearing. Such hearing shall be conducted in accordance with the Commission's Rules. The Commission may enforce compliance with any order issued under this section by imposition and collection of such fines and penalties as may be prescribed by law.B. When, in the opinion of the Commission, immediate action is required to protect the public interest, a cease and desist order may be issued without prior hearing. In such cases, the Commission shall make a hearing available to the person on an expedited basis.C. The Commission shall have jurisdiction to enter and enforce a cease and desist order against any person, regardless of whether such person is present in the Commonwealth, who obtains money or funds from a consumer for transmission to the consumer's creditors.2004, c. 790, § 6.1-363.21; 2010, c. 794.
VA Code § 6.2-2020 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2020. Notice of proposed suspension or revocation

The Commission shall not revoke or suspend the license of any person licensed under this chapter upon any of the grounds set forth in § 6.2-2018 until it has given the licensee 21 days' notice in writing of the reasons for the proposed revocation or suspension and an opportunity to introduce evidence and be heard. The notice shall be sent by certified mail to the principal place of business of the licensee or other address authorized under § 12.1-19.1 and shall state with particularity the grounds for the contemplated action. Within 14 days of mailing the notice, the person or persons named therein may file with the clerk of the Commission a written request for a hearing. If a hearing is requested, the Commission shall not suspend or revoke the license except based upon findings made at such hearing. The hearing shall be conducted in accordance with the Commission's Rules.2004, c. 790, § 6.1-363.22; 2010, c. 794.
VA Code § 6.2-2021 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2021. Civil penalties

A. In addition to the authority conferred under §§ 6.2-2018 and 6.2-2019, the Commission may impose a civil penalty not exceeding $1,000 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. For the purposes of this section, each separate violation shall be subject to the civil penalty herein prescribed. In the case of a violation of § 6.2-2001, each DMP entered into shall constitute a separate violation.B. The Commission shall have jurisdiction to impose civil penalties upon any person, regardless of whether such person is present in the Commonwealth, who obtains money or funds from a consumer for transmission to the consumer's creditors.2004, c. 790, § 6.1-363.23; 2010, c. 794.
VA Code § 6.2-2022 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2022. Criminal penalty

Any person violating subsection A of § 6.2-2001 is guilty of a Class 1 misdemeanor. For purposes of this section, each violation shall constitute a separate offense.2004, c. 790, § 6.1-363.3; 2010, c. 794.
VA Code § 6.2-2023 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2023. Private right of action

Any person who suffers loss by reason of a violation of any provision of this chapter may bring a civil action to enforce such provision. Any person who is successful in such action shall recover reasonable attorney fees, expert witness fees, and court costs incurred by bringing such action.2004, c. 790, § 6.1-363.24; 2010, c. 794.
VA Code § 6.2-2024 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2024. Authority of Attorney General; referral by Commission to Attorney General

A. If the Commission determines that a person is in violation, or has violated, any provision of this chapter, the Commission may refer the information to the Attorney General and may request that the Attorney General investigate such violations. In the case of such referral, the Attorney General is hereby authorized to seek to enjoin violations of this chapter. The circuit court having jurisdiction may enjoin such violations notwithstanding the existence of an adequate remedy at law.B. Upon such referral by the Commission, the Attorney General may also seek, and the circuit court may order or decree, damages and such other relief allowed by law, including restitution to the extent available to borrowers under applicable law. Persons entitled to any relief as authorized by this section shall be identified by order of the court within 180 days from the date of the order permanently enjoining the unlawful act or practice.C. In any action brought by the Attorney General by virtue of the authority granted in this provision, the Attorney General shall be entitled to seek reasonable attorney fees and costs.2004, c. 790, § 6.1-363.25; 2010, c. 794.
VA Code § 6.2-2025 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20 - Agencies Providing Debt Management Plans|§ 6.2-2025. Violation of the Virginia Consumer Protection Act

Any violation of the provisions of this chapter shall constitute a prohibited practice in accordance with § 59.1-200 and shall be subject to any and all of the enforcement provisions of the Virginia Consumer Protection Act (§ 59.1-196 et seq.).2004, c. 790, § 6.1-363.26; 2010, c. 794.
VA Code § 6.2-2026 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2026. Definitions

As used in this chapter, unless the context requires a different meaning:"Consumer" means an individual residing in the Commonwealth who owes money to one or more creditors, for personal, family, or household purposes, including an individual who owes money jointly with one or more other individuals."Credit counselor" means an employee or agent of a licensee who engages in debt settlement services on a consumer's behalf."Creditor" includes persons that extend credit to, or persons that service loans made to, consumers. "Creditor" or "credit-granting organization" does not include (i) doctors, lawyers, or other professionals who receive payment for their services in installments or (ii) persons whose only participation in a credit transaction is to honor a credit card."Debt collector" means a person defined as a debt collector under 15 U.S.C. § 1692a of the federal Fair Debt Collection Practices Act, 15 U.S.C. § 1692 et seq."Debt settlement services" means any action or negotiation initiated or taken on behalf of any consumer with any creditor of the consumer for the purpose of obtaining debt forgiveness of all or a portion of the credit extended by the creditor to the consumer or a reduction of payments, charges, or fees payable by the consumer. For purposes of this chapter, with respect to student loan forgiveness or student loan payment reduction programs established under federal or state law and widely available to similarly situated consumers at no cost, the facilitation of enrollment in or qualification for such programs does not constitute an action or negotiation."Duplicate original" means an exact copy with signatures created by the same impression as the original, an exact copy bearing an original signature, or, in the case of an electronic transaction, an electronic version with electronic signatures."Electronic signature" means an electronic signature as defined in § 59.1-480."Licensee" means a person licensed under this chapter."Principal" means any person that, directly or indirectly, owns or controls (i) 10 percent or more of the outstanding stock of a stock corporation or (ii) a 10 percent or greater interest in a person.2020, c. 785.
VA Code § 6.2-2027 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2027. License requirement; exceptions

A. No person shall engage in the business of providing or offering to provide debt settlement services to any consumer, whether or not the person has an office, facility, agent, or other physical presence in the Commonwealth, unless such person obtains from the Commission a license issued pursuant to this chapter. The provisions of this chapter shall not apply to any bank, savings institution, or credit union or any person licensed to practice law in the Commonwealth.B. This chapter shall be construed by the Commission to promote sound personal financial advice and management.C. A person licensed under Chapter 20 (§ 6.2-2000 et seq.) is not required to be licensed under this chapter if it offers to provide or provides debt settlement services solely in connection with offering to provide or providing debt management plans.D. A person licensed under this chapter shall not receive money from consumers for transmission to consumers' creditors or engage in the business of providing or offering to provide debt management plans to consumers unless such person is also licensed under Chapter 20 (§ 6.2-2000 et seq.).2020, c. 785.
VA Code § 6.2-2028 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2028. 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 include:1. The name and address of the applicant and (i) if the applicant is a partnership, firm, or association, the name and address of each partner or member; (ii) if the applicant is a corporation or limited liability company, the name and address of each director, member, registered agent, and principal; or (iii) if the applicant is a business trust, the name and address of each trustee and beneficiary;2. The name and address of each manager and officer;3. The addresses of the locations of the business to be licensed;4. Financial statements for the applicant;5. A current copy of the applicant's standard debt settlement services agreement;6. Such other information concerning the financial responsibility, background, experience, and activities of the applicant and the persons referred to in this section as the Commissioner may require;7. Any other pertinent information as the Commissioner may require; and8. Payment of an application fee of $500.C. The application fee shall not be refundable in any event. The fee shall not be abated by surrender, suspension, or revocation of the license.2020, c. 785.
VA Code § 6.2-2029 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2029. Bond required

The application for a license shall be accompanied by a bond filed with the Commissioner with corporate surety authorized to execute the bond in the Commonwealth, in the principal amount as determined by the Commission. The amount of the bond shall be not less than $25,000 nor more than $350,000. The form of the bond shall be approved by the Commission. The bond shall be continuously maintained thereafter in full force, and the Commission may require the principal amount to be adjusted as it deems necessary. The bond shall be conditioned upon the licensee performing all written agreements with consumers and conducting the licensed business in conformity with this chapter and all applicable law. Any person who may be damaged by noncompliance of the licensee with any condition of the bond may proceed on the bond against the principal or surety thereon, or both, to recover damages. The aggregate liability under the bond shall not exceed the penal sum of the bond.2020, c. 785.
VA Code § 6.2-2030 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2030. Investigation of applications

The Commissioner may make such investigations as he deems necessary to determine if the applicant has complied with all applicable provisions of law and regulations adopted thereunder.2020, c. 785.
VA Code § 6.2-2031 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2031. Qualifications

A. Upon the filing and investigation of an application for a license, and compliance by the applicant with the provisions of §§ 6.2-2028 and 6.2-2029, the Commission shall issue and deliver to the applicant the license to engage in business under this chapter at the locations specified in the application if it finds that:1. The financial responsibility, character, reputation, experience, and general fitness of the applicant and its members, senior officers, directors, trustees, and principals are such as to warrant belief that the business will be operated efficiently and fairly, in the public interest, and in accordance with law;2. The applicant has made acceptable provision for the avoidance of conflicts of interest;3. The applicant's credit counselors are certified through a bona fide third-party certification provider unaffiliated with the applicant that authenticates the competence of counselors providing consumer assistance;4. No more than one-third of the board of directors or managing members are employees, officers, members, principals, trustees, directors, agents, or other representatives of organizations that grant credit to consumers;5. The applicant has fidelity bond coverage in such principal amount as may be determined by the Commission; and6. The applicant (i) is not the subject of any current material administrative or regulatory proceedings by any governmental authority and (ii) has not received a material adverse determination in any past administrative or regulatory proceedings by any governmental authority.B. For purposes of subdivision A 6, the Commission shall have sole discretion to determine the materiality of any proceedings or determinations.C. If the Commission fails to make such findings, no license shall be issued and the Commissioner shall notify the applicant of the denial and the reasons for such denial.D. A license shall not be issued to a collection agency, or to any creditor or association of creditors, or to any credit-granting organization or association of such organizations.2020, c. 785.
VA Code § 6.2-2032 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2032. Licenses; places of business; changes

A. Each license shall state the address or addresses at which the business is to be conducted and shall state fully the legal name of the licensee, as well as any fictitious name by which the licensee is operating in the Commonwealth. Each license shall be posted prominently in each place of business of the licensee. Licenses shall not be transferable or assignable, by operation of law or otherwise. No licensee shall use any name in the Commonwealth other than the legal name or fictitious name set forth on the license issued by the Commission.B. No licensee shall open an additional office or relocate any place of business without prior approval of the Commission. Applications for such approval shall be made in writing on a form provided by the Commissioner and shall be accompanied by payment of a $150 nonrefundable application fee. The application shall be approved unless the Commission finds that the applicant has not conducted business under this chapter efficiently, fairly, in the public interest, and in accordance with law. The application shall be deemed approved if notice to the contrary has not been mailed by the Commission to the applicant within 30 days of the date the application is received by the Commission, but this period may be extended for good cause. After approval, the applicant shall give written notice to the Commissioner within 20 days of the commencement of business at the additional location or relocated place of business.C. Every licensee shall within 20 days notify the Commissioner, in writing, of the closing of any business location and of the name, address, and position of each new senior officer, member, partner, or director and provide such other information with respect to any such change as the Commissioner may reasonably require.D. Every license shall remain in force until it has been surrendered, revoked, or suspended. The surrender, revocation, or suspension of a license shall not affect any preexisting legal right or obligation of such licensee.2020, c. 785.
VA Code § 6.2-2033 (2021)
2021 Code of Virginia|Title 6.2 - Financial Institutions and Services|Chapter 20.1 - Debt Settlement Services Providers|§ 6.2-2033. Acquisition of control; application

A. Except as provided in this section, no person shall acquire, directly or indirectly, 25 percent or more of the voting shares of a corporation, or 25 percent or more of the ownership of any other person, licensed to conduct business under this chapter unless such person first:1. Files an application with the Commission in such form as the Commissioner may prescribe from time to time;2. Delivers such other information to the Commissioner as the Commissioner may require concerning the financial responsibility, background, experience, and activities of the applicant, its directors, senior officers, trustees, beneficiaries, principals, and members, and any proposed new directors, senior officers, principals, or members of the licensee; and3. Pays such application fee as the Commission may prescribe.B. Upon the filing and investigation of an application, the Commission shall permit the applicant to acquire the interest in the licensee if it finds that the applicant and its directors, senior officers, members, trustees, beneficiaries, and principals, and any proposed new persons having any such status have the financial responsibility, character, reputation, experience, and general fitness to warrant belief that the business will be operated efficiently and fairly, in the public interest, and in accordance with law. The Commission shall grant or deny the application within 60 days from the date a completed application accompanied by the required fee is filed unless the period is extended by the Commissioner reciting the reasons for the extension. If the application is denied, the Commission shall notify the applicant of the denial and the reasons for the denial.C. The provisions of this section shall not apply to (i) the acquisition of an interest in a licensee, directly or indirectly, including an acquisition by merger or consolidation, by or with a person licensed by this chapter; (ii) the acquisition of an interest in a licensee, directly or indirectly, including an acquisition by merger or consolidation, by or with a person affiliated through common ownership with the licensee; or (iii) the acquisition of an interest in a licensee by a person by bequest, descent, survivorship, or operation of law. The person acquiring an interest in a licensee in a transaction that is exempt from filing an application by this subsection shall send written notice to the Commissioner of such acquisition within 30 days of its closing.2020, c. 785.