Va. Code Ann. tit. 6.2, ch. 15 – Consumer Finance Companies | Midpage

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Code of Virginia

Chapter 15

Va. Code Ann. tit. 6.2, ch. 15

Consumer Finance Companies

6.2-1500Definitions 6.2-1501Compliance with chapter; license required; attempts to evade application of chapter 6.2-1502Certain persons ineligible as licensees; exception for subsidiaries 6.2-1503Scope of chapter 6.2-1504Restrictions on name 6.2-1505Application for license; application fee 6.2-1506Investigation of application 6.2-1507Issuance of license 6.2-1508Notices to Commission 6.2-1508.1Additional offices; relocation of offices 6.2-1509Contents, posting, transfer, and duration of license 6.2-1510Acquisition of control; application 6.2-1511Revocation of license 6.2-1512Suspension of license 6.2-1513Record and notice of revocation or suspension 6.2-1514Surrender of license 6.2-1515Effect of license revocation, suspension, or surrender 6.2-1516Reinstatement of license 6.2-1517Place of business generally 6.2-1518Notice of conduct of other business in same place of business; fee 6.2-1519Changing place of business 6.2-1520Rate of interest; late charges; processing fees 6.2-1521Post-judgment charges 6.2-1522Other limitations on interest 6.2-1523Additional charges prohibited; exceptions 6.2-1523.1(Effective July 1, 2026) Access partners 6.2-1523.2Application of chapter to Internet loans 6.2-1523.3Bond required 6.2-1524Required and prohibited activities and conduct 6.2-1525Wage purchases 6.2-1526Wage assignments 6.2-1527Liens on household furniture 6.2-1528Exemptions unimpaired 6.2-1529Collection of loans made outside Commonwealth 6.2-1530Investigations; immunities 6.2-1531Examination 6.2-1532Fees for examination, supervision and regulation 6.2-1533Books, accounts, and records; pledge or deposit of notes and securities 6.2-1534Annual reports 6.2-1535Regulations and orders 6.2-1536Disclosures in connection with sale of securities 6.2-1537Authority of Attorney General; impoundment of property and receivership 6.2-1538Copies of orders or licenses 6.2-1539Review by Commission 6.2-1540Criminal penalties 6.2-1541Unlawful contracts void; recovery of amounts paid 6.2-1542Duty to refund unauthorized or excess charges; liability to borrower for penalty 6.2-1543Civil penalties