Within 15 days of becoming aware of the occurrence of any of the events listed below, a licensee shall file a written report with the Commissioner describing such event:
- 1. The institution of revocation or suspension proceedings against the licensee by any state or other governmental authority;
- 2. The denial of the opportunity to engage in business by any state or other governmental authority;
- 3. Any felony indictment of the licensee;
- 4. Any felony conviction of the licensee; and
- 5. Such other events as the Commission may determine and identify by regulation.
2009, cc. 273, 453, § 6.1-431.18; 2010, c. 794.