18.2-246.5 - Forfeiture of business license or registration upon conviction of sale or distribution of imitation controlled substance; money laundering. - Virginia Statutes

§ 18.2-246.5. Forfeiture of business license or registration upon convictionof sale or distribution of imitation controlled substance; money laundering.

Any person, firm or corporation holding a license or registration to operateany business as required by either state or local law shall forfeit suchlicense or registration upon conviction of a violation of (i) § 18.2-248relating to an imitation controlled substance or (ii) § 18.2-246.3 relatingto money laundering. Upon a conviction under this section the attorney forthe Commonwealth shall notify any appropriate agency.

(1999, c. 348.)