This article shall not limit the authority of the Board to take disciplinary action against any regulant for any violation of this title or the regulations of the Board. Full repayment of the amount paid from the Fund on a regulant’s account shall not nullify or modify the effect of any disciplinary proceeding against that regulant for any violation.

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Terms Used In Virginia Code 54.1-1127

  • Board: means the Board for Contractors. See Virginia Code 54.1-1100
  • Fund: means the Virginia Contractor Transaction Recovery Fund. See Virginia Code 54.1-1118
  • Regulant: means any individual, person, firm, corporation, association, partnership, joint venture or any other legal entity licensed by the Board for Contractors. See Virginia Code 54.1-1118

1980, c. 635, § 54-145.3:9; 1988, c. 765; 1997, c. 885.

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