Virginia Code § 6.2-1935

(Effective July 1, 2026) Maintenance of license
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If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license, the Commission may suspend or revoke the licensee's license in accordance with the procedures established by this chapter or other applicable state law for such suspension or revocation.
2025, c. 214.

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