Elizabeth. In the event the Payment compels a person not an excellent licensee otherwise a keen candidate getting a license lower than it section supply verbal testimony, the person very forced to testify shall never be at the mercy of violent prosecution and/or imposition of any punishment otherwise forfeiture during the connection with the topic amount regarding and this particularly testimony is motivated.
F. This new immunities offered pursuant so you can subsections D and you will Elizabeth shall maybe not impair (i) one municipal proper out-of step, not related to punishment otherwise forfeiture, of every people and (ii) the newest power of your own Lawyer General in order to institute and you can prosecute good proceeding getting injunctive relief just like the provided for during the § six.2-1537.
The Commission shall, as frequently since it deems to be in the public desire, see the brand new activities, company, office, and information of any licensee one pertain to any company authorized not as much as this section. Including examination will likely be held at least one time in almost any about three-seasons months. The licensee will furnish timely because of the mail otherwise such as for example things and you may statements concerning the its team transacted about Commonwealth your Commission will get request occasionally.
The licensee shall manage the instructions, levels, and details for around three-years after deciding to make the final admission to your people loan filed therein
To defray the expense away from test, oversight and you can controls out of signed up user finance companies, the licensee shall shell out a yearly percentage are computed for the conformity which have a plan put by the Commission. The newest schedule will incur a fair relationship to the full possessions, as well as loans under which chapter and other funds, of numerous licensees in addition to their associates conducting business within the signed up individual monetary institution workplaces, into real price of its respective examinations, in order to additional factors based on their oversight and you may control. Continue reading
