# Va. Code Ann. § 6.2-2207: Licenses; places of business; changes

> Virginia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2207

## Section

- **Citation:** Va. Code Ann. § 6.2-2207
- **Heading:** Licenses; places of business; changes
- **Jurisdiction:** Virginia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Code / Title 6.2 / Subtitle III / Chapter 22 / Section 6.2-2207

## Text

A. Each license shall state the address or addresses at which the business is to be conducted and shall state fully the legal name of the licensee as well as any fictitious name by which the licensee is operating in the Commonwealth. Each license shall be posted prominently in each place of business of the licensee. Licenses shall not be transferable or assignable, by operation of law or otherwise. No licensee shall use any name in the Commonwealth other than the legal name or fictitious name set forth on the license issued by the Commission.

B. No licensee shall open an additional office or relocate any place of business without prior approval of the Commission. Applications for such approval shall be made in writing on a form provided by the Commissioner and shall be accompanied by payment of a $150 nonrefundable application fee or other reasonable amount that the Commission may prescribe by regulation. The application shall be approved unless the Commission finds that the applicant does not have the required liquid assets or has not conducted business under this chapter efficiently, fairly, in the public interest, and in accordance with law. The application shall be deemed approved if notice to the contrary has not been mailed by the Commission to the applicant within 30 days of the date the application is received by the Commission. After approval, the applicant shall give written notice to the Commissioner within 10 days of the commencement of business at the additional location or relocated place of business.

C. Every licensee shall within 10 days notify the Commissioner, in writing, of the closing of any business location and of the name, address, and position of each new senior officer, member, partner, or director and provide such other information with respect to any such change as the Commissioner may reasonably require.

D. Every license shall remain in force until it has been surrendered, revoked, or suspended. The surrender, revocation, or suspension of a license shall not affect any preexisting legal right or obligation of such licensee.

2010, c. 477 , § 6.1-487; 2020, cc. 1215 , 1258 .

## Nearby sections

- [Va. Code Ann. § 6.2-2200 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2200.md)
- [Va. Code Ann. § 6.2-2201 License required](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2201.md)
- [Va. Code Ann. § 6.2-2202 Scope of chapter](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2202.md)
- [Va. Code Ann. § 6.2-2203 Application for license; form; content; fee](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2203.md)
- [Va. Code Ann. § 6.2-2204 Bond required](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2204.md)
- [Va. Code Ann. § 6.2-2205 Investigation of applications](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2205.md)
- [Va. Code Ann. § 6.2-2206 Qualifications](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2206.md)
- [Va. Code Ann. § 6.2-2207 Licenses; places of business; changes](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2207.md)
- [Va. Code Ann. § 6.2-2208 Acquisition of control; application](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2208.md)
- [Va. Code Ann. § 6.2-2209 Retention of books, accounts, and records](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2209.md)
- [Va. Code Ann. § 6.2-2210 Annual report](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2210.md)
- [Va. Code Ann. § 6.2-2211 Other reporting requirements](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2211.md)
- [Va. Code Ann. § 6.2-2212 Investigations; examinations](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2212.md)
- [Va. Code Ann. § 6.2-2213 Annual fees](https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2213.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_T6.2_SIII_C22_S6.2-2207. Check the current official text before relying on it. Not legal advice.