Whenever the Board considers it necessary for the general welfare of the public, the Board has continuous authority to exercise the powers set forth in this chapter whether or not an application for a license has been filed with the Board, any license has been issued, or if issued, has been surrendered, suspended, or revoked.
Broad authority of the Board
9 V.I.C. § 817 — under Virgin Islands Finance Lenders.
9 V.I.C. § 817