Code of Virginia - Title 38.2 Insurance - Section 38.2-2605 Expiration and renewal of license

§ 38.2-2605. Expiration and renewal of license

Every home protection company licensed under this article shall obtain a renewal of its license annually from the Commission. Every license issued under this article shall expire at midnight on June 30 immediately following the date of issuance. No renewal license shall be issued unless the home protection company has paid all taxes, fees, assessments and other charges imposed upon it, and has complied with all the other requirements of law. The Commission shall not fail or refuse to renew the license of any home protection company without giving the home protection company ten days' notice of the failure or refusal to renew and providing it an opportunity to be heard and to introduce evidence in its behalf. Any such hearing may be informal, and the required notice may be waived by the Commission and the home protection company.

(1981, c. 530, § 38.1-935; 1986, c. 562; 2006, c. 634.)

Sections:  Previous  38.2-2600  38.2-2601  38.2-2602  38.2-2603  38.2-2604  38.2-2605  38.2-2606  38.2-2607  38.2-2608  38.2-2609  38.2-2610  38.2-2611  38.2-2612  38.2-2613  38.2-2614  Next

Last modified: April 3, 2009