Section 180. Penalties; notice to regulant  


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  • A. The board shall have the power to deny, suspend, revoke, or refuse to renew or reinstate the license of a regulant found to be engaging in prohibited conduct or otherwise failing to comply with this chapter or orders of the board.

    B. The board shall have the authority to levy monetary penalties in addition to or instead of denying, suspending, revoking, or refusing to renew or reinstate a regulant's license. Such monetary penalties shall include the following:

    1. Monetary penalties of up to $2,500 for each violation by a manufacturer.

    2. Monetary penalties of up to $2,500 for each violation by a dealer or broker.

    3. Monetary penalties of up to $2,500 for each violation by a salesperson.

    C. The board shall notify the regulant, in writing, of any complaint directed against him. The notice shall include the time and place of a conference or hearing on the complaint. No penalties shall be imposed by the board until after the conference or hearing.

Historical Notes

Derived from VR449-01-02 § 2.17, eff. April 1, 1994; amended, Volume 28, Issue 20, eff. July 4, 2012.

Statutory Authority

§§ 36-85.18 and 36-85-36 of the Code of Virginia.