G. This section shall maybe not connect with all other company that is transacted exclusively having individuals living away from Commonwealth
F. An excellent licensee one to performs the firm of creating funds pursuant to help you it chapter solely over the internet shall not promote, promote, otherwise offer various other goods and services to help you Virginia people, but while the let because of the Payment controls or on recognition of good authored app toward Payment, fee out-of a charge away from $3 hundred, and supply of such advice as Fee will get consider related.
584, § 6.1-267; 1981, c. 452, § six.1-267.1; 1982, c. 609; 2000, c. 192; 2010, c. 794; 2020, cc. 1215, 1258.
Good. A beneficial licensee get transform its place of business to a different location throughout the Commonwealth if the the location are:
B. Good licensee will notify the brand new Percentage away from a general change in the bar or nightclub inside 10 times of such moving. On acknowledgment of your own alerts, the fresh new Percentage will procedure and deliver to the licensee a revised license covering the the area whether or not it finds out that alter unlike business match one of the conditions indexed into the subsection A good. For every single see out of changes out of place less than so it section shall be accompanied by a fee from $250.
Good licensee can charge and you will gather interest for the a loan made under which part in the just one annual rate to not surpass 36 per cent. Attract will not be billed with the a contain-into base and you can shall not compounded but will be calculated and paid down only as the a share of the delinquent principal equilibrium. Focus is going to be determined in line with the level of days elapsed; although not, if part otherwise every planning for a loan contract is the outstanding dominating equilibrium from a past financing, then your dominant count payable within the loan offer consist of any unpaid desire to your past financing that accrued inside 3 months before to make of your brand new financing deal. Read More
