§ 38.2-4223. Renewal of license
A. Each nonstock corporation shall renew its license with the Commission annually by July 1. The renewal license shall not be issued unless the nonstock corporation has complied with all requirements of law.
B. The Commission shall not fail or refuse to renew the license of any nonstock corporation without first giving the nonstock corporation ten days' notice of its intention not to renew the license and giving the nonstock corporation an opportunity to be heard and introduce evidence in its behalf. Any such hearing may be informal, and the required notice may be waived by the Commission and the nonstock corporation.
(Code 1950, § 32-195.12; 1956, c. 268, § 38.1-826; 1978, c. 4; 1979, c. 721; 1980, c. 682; 1986, c. 562; 1987, cc. 565, 655.)
Sections: Previous 38.2-4216.1 38.2-4217 38.2-4218 38.2-4219 38.2-4220 38.2-4221 38.2-4222 38.2-4223 38.2-4224 38.2-4225 38.2-4226 38.2-4227 38.2-4228 38.2-4229 38.2-4229.1 NextLast modified: April 3, 2009