§ 6.1-467. (Effective until January 1, 2009) Fines for violations
In addition to the authority conferred under §§ 6.1-464 and 6.1-465, the Commission may impose a fine or penalty not exceeding $1,000 upon any person who it determines, in proceedings commenced in accordance with the Rules of Practice and Procedure of the Commission, has violated any of the provisions of this chapter. For the purposes of this section, each separate violation shall be subject to the fine or penalty herein prescribed, and in the case of a violation of § 6.1-445, each loan made or arranged shall constitute a separate violation.
(2002, c. 897; 2003, c. 593.)
§ 6.1-467. (Effective January 1, 2009) Fines for violations.
In addition to the authority conferred under §§ 6.1-464 and 6.1-465, the Commission may impose a fine or penalty not exceeding $1,000 upon any person who it determines, in proceedings commenced in accordance with the Rules of Practice and Procedure of the Commission, has violated any of the provisions of this chapter, the regulations promulgated by the Commission pursuant thereto, or any other law or regulation applicable to the conduct of the lender's business. For the purposes of this section, each separate violation shall be subject to the fine or penalty herein prescribed, and in the case of a violation of § 6.1-445, each loan made or arranged shall constitute a separate violation.
(2002, c. 897; 2003, c. 593; 2008, cc. 849, 876.)
Sections: Previous 6.1-458 6.1-459 6.1-460 6.1-461 6.1-462 6.1-463 6.1-464 6.1-465 6.1-466 6.1-467 6.1-468 6.1-469 6.1-469.1 6.1-470 6.1-471 NextLast modified: April 16, 2009