2010 Code of Virginia
Title 54.1 - PROFESSIONS AND OCCUPATIONS.
Chapter 11 - Contractors (54.1-1100 thru 54.1-1143)
54.1-1126 - Revocation of license upon payment from Fund.
§ 54.1-1126. Revocation of license upon payment from Fund.
Upon payment by the Director to a claimant from the Fund as provided in § 54.1-1125, the Board shall immediately revoke the license of the regulant whose improper or dishonest conduct resulted in this payment. Any regulant whose license is revoked shall not be eligible to apply for a license as a contractor until the regulant has repaid in full the amount paid from the Fund on his account, plus interest at the judgment rate of interest from the date of payment.
(1980, c. 635, § 54-145.3:8; 1984, c. 270; 1987, c. 555; 1988, c. 765; 1990, c. 911; 1995, c. 771; 1997, c. 885.)
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