Virginia Code Title 6.2. Financial Institutions and Services § 6.2-1941. Reports of certain events

1. The filing of a petition by or against the licensee under the United States Bankruptcy Code (11 U.S.C. § 101 et seq.) for bankruptcy or reorganization;

2. The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors;

3. The commencement of a proceeding to revoke or suspend its license or other authority to operate in another jurisdiction;  or

4. Such other events as the Commission may prescribe by regulation.

1. An indictment, charge, or conviction of the licensee or of a key individual or person in control of the licensee for a felony;

2. An indictment, charge, or conviction of an authorized delegate for a felony;  or

3. Such other events as the Commission may prescribe by regulation.