The In accordance with § 54.1-2314 of the Code of Virginia, the board may suspend a license or registration for a stated period or indefinitely, revoke any license or registration, censure or reprimand, or impose a monetary penalty against any person licensed or registered by the board or (i) suspend, (ii) place such person on probation for such time as it may designate (iii) fail to renew, or (iv) revoke any license or registration when any licensee or registrant has been found to have violated or cooperated with others in violating any provision of Chapter 23.1 (§ 54.1-2310 et seq.) of Title 54.1 of the Code of Virginia or any regulation of the board. The board may also take a case against a licensee or registrant under advisement as provided for in § 54.1-201 A 7 of the Code of Virginia.