There is a newer version of the Code of Virginia
2015 Code of Virginia
Title 6.2 - Financial Institutions and Services
Subtitle I. GENERAL PROVISIONSChapter 1. DEFINITIONS AND GENERAL PROVISIONS
Article 1. DEFINITIONS
Article 2. GENERAL PROVISIONS
- § 6.2-101. Confidentiality of information
- § 6.2-101.1. Certified mail; subsequent mail or notices may be sent by regular mail
- § 6.2-102. Use of funds collected under this title
- § 6.2-103. Financial institutions to furnish certain information to fiduciaries
- § 6.2-104. Directors to serve only one institution
- § 6.2-105. Reclassification or conversion of banking institution shares
- § 6.2-106. Payment of civil penalties
- § 6.2-107. Effect of contract provision requiring amendment or waiver to be in writing
Article 1. MONEY OF ACCOUNT
- § 6.2-200. Money of account
- § 6.2-201. Ascertaining value in money of account for money expressed in foreign currency
Article 2. CURRENCY ISSUANCE AND CIRCULATION
- § 6.2-202. Issuance of currency and related prohibited acts
- § 6.2-203. Contracts and securities from illegal currency dealing void; recovery of payments
- § 6.2-204. Capital stock of certain entities vested in Commonwealth; proceedings to recover stock; liability
Article 1. DEFINITIONS
Article 2. LEGAL, JUDGMENT, AND CONTRACT RATES OF INTEREST
- § 6.2-301. Legal rate of interest; when legal rate implied
- § 6.2-302. Judgment rate of interest
- § 6.2-303. Contracts for more than legal rate of interest
Article 3. USURY
- § 6.2-304. Plea of usury; judgment
- § 6.2-305. Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation
- § 6.2-306. Waiver of rights violative of public policy
- § 6.2-307. Assertion of defenses or claims by borrowers; effect of assignment
- § 6.2-308. Entities not permitted to plead usury
Article 4. LOANS EXEMPT FROM LIMIT ON CONTRACT RATE OF INTEREST
- § 6.2-309. Charges by banks and savings institutions on installment loans
- § 6.2-310. Rate of interest chargeable by state banks and savings institutions
- § 6.2-311. Closed-end installment loans by sellers of goods or services
- § 6.2-312. Open-end credit plans
- § 6.2-313. Open-end credit extended by banks or savings institutions
- § 6.2-314. Motor vehicle purchase loans by subsidiaries and affiliates of banks and savings institutions
- § 6.2-315. Loans by certain financial institutions or brokers payable on demand or having a term up to one year
- § 6.2-316. Loans of $5,000 or more made by certain financial institutions
- § 6.2-317. Loans of $5,000 or more for business or investment purposes
- § 6.2-318. Loans by credit unions
- § 6.2-319. Loans by pension plans to participants
- § 6.2-320. Loans by industrial loan associations
- § 6.2-321. Loans pursuant to stock option financing programs
- § 6.2-322. Extensions of credit on pledged securities
- § 6.2-323. Educational loans by banks or savings institutions
- § 6.2-324. Educational loans by private college or university
- § 6.2-325. Certain loans secured by first deed of trust or mortgage
- § 6.2-326. Fees and charges in connection with loans by real estate lenders
- § 6.2-327. Certain loans secured by a subordinate deed of trust or mortgage
- § 6.2-328. Charges allowed on loan secured by subordinate mortgage
- § 6.2-329. Loans insured or guaranteed by certain governmental agencies
Article 1. LATE CHARGES AND REBATES OF UNEARNED INTEREST
- § 6.2-400. Amount of late charge; when charge can be made
- § 6.2-401. Acceleration clause in note evidencing installment loan; effect of acceleration
- § 6.2-402. Notice of use of Rule of 78 rebate method
- § 6.2-403. The Rule of 78
- § 6.2-404. When use of Rule of 78 prohibited or permitted
- § 6.2-405. References to sections regulating rebates of unearned interest and prepayment penalties
Article 2. LOANS SECURED BY LIEN ON REAL ESTATE
- § 6.2-406. Disclosure of terms of mortgage application
- § 6.2-407. Lenders to furnish borrower with copy of appraisal
- § 6.2-408. Priority of interest on debts secured by mortgage or deed of trust
- § 6.2-409. Addition of unpaid interest to principal balance
- § 6.2-410. Borrowers not to be required to employ particular professionals
- § 6.2-411. Requirements relating to insurance
- § 6.2-412. Insurance coverage under certain loans not to exceed replacement value of improvements
- § 6.2-413. Obligation of lender to reimburse unused mortgage guaranty insurance premiums
- § 6.2-414. Obligation of person maintaining escrow account to pay taxes and insurance; penalties
- § 6.2-415. Lender not to cancel insurance policy at time of refinancing under certain circumstances
- § 6.2-416. Certain mortgages not to prohibit further encumbrance of real property
- § 6.2-417. Mortgage or deed of trust to contain notice that debt is subject to call or modification on conveyance of property
- § 6.2-418. Property owner entitled to written statement of payoff amount
- § 6.2-419. Disclosure of terms of assumption
- § 6.2-420. Prepayment penalty not to be collected in certain circumstances
- § 6.2-421. Certain contracts to permit prepayment; amount of prepayment penalty
- § 6.2-422. Prepayment penalty for loan secured by home occupied by borrower
- § 6.2-423. Prepayment of loans secured by certain subordinate mortgages or deeds of trust; rebates for unearned interest
Article 3. CREDIT CARDS
- § 6.2-424. Definitions
- § 6.2-425. Cardholder not liable in absence of request for, consent to issuance of, or use of card
- § 6.2-426. When request, consent, or use not condition precedent to liability
- § 6.2-427. Costs and attorney fee in suit on card; evidence of request or consent
- § 6.2-428. Production of credit card number as condition of check cashing or acceptance prohibited
- § 6.2-429. Improper use of payment device numbers
- § 6.2-430. Place where transaction occurred; federal Fair Credit Billing Act
- § 6.2-431. Certain cards excepted
- § 6.2-432. Credit card account disclosures
Article 4. OPEN-END CREDIT PLANS
- § 6.2-433. Amendment to open-end credit contract or plan by bank or savings institution
- § 6.2-434. Law governing open-end credit contract or plan by bank or savings institution
- § 6.2-435. Law governing open-end credit contract or plan by seller or lender
Article 5. ADDITIONAL PROVISIONS APPLICABLE TO CONSUMER CREDIT
- § 6.2-436. Compliance with federal law
- § 6.2-437. Right of buyer of consumer goods to refinance certain payments; agreements as to fluctuation in schedule of payments
- § 6.2-500. Definitions
- § 6.2-501. Prohibited discrimination
- § 6.2-502. Notification of action on credit application
- § 6.2-503. Statement of reasons for adverse action
- § 6.2-504. Requirement of signatures of both parties to a marriage not discriminatory in a secured transaction
- § 6.2-505. Remedies for violation
- § 6.2-506. Commission regulations
- § 6.2-507. Limitation on liability
- § 6.2-508. Compliance with Equal Credit Opportunity Act constitutes compliance with chapter
- § 6.2-509. Public to be informed of rights under chapter
- § 6.2-510. Commission to investigate complaints; records to be open to public
- § 6.2-511. Credit standards discoverable
- § 6.2-512. Election of remedies
- § 6.2-513. Authority of Attorney General
Chapter 6. DEPOSITS AND ACCOUNTS
Article 1. GENERAL PROVISIONS
- § 6.2-600. Repealed
- § 6.2-601. Federal insurance of deposits required for all banks or savings institutions
- § 6.2-602. Adverse claims to accounts
- § 6.2-603. Medical savings accounts and health savings accounts
- § 6.2-603.1. Savings promotions
Article 2. MULTIPLE-PARTY ACCOUNTS
- § 6.2-604. Definitions
- § 6.2-605. Applicability
- § 6.2-606. Ownership during lifetime; garnishment, attachment, or levy
- § 6.2-607. Effect of divorce
- § 6.2-608. Right of survivorship
- § 6.2-609. Change of form of account upon written order to financial institution
- § 6.2-610. Transfers arising from right of survivorship nontestamentary
- § 6.2-611. Liability of surviving party for debts and other liabilities of decedent's estate
- § 6.2-612. Financial institution duties; multiple-party accounts
- § 6.2-613. Payment of sums in joint account
- § 6.2-614. Payment of P.O.D. account
- § 6.2-615. Payment of trust account
- § 6.2-616. Discharge of financial institution upon payment
- § 6.2-617. Setoff by financial institution against account
- § 6.2-618. Identification of joint accounts
- § 6.2-619. Certain duties of parties to joint accounts in financial institutions
- § 6.2-620. Application of article to accounts existing on July 1, 1980
- § 6.2-700. Definitions
- § 6.2-701. Presumptions regarding control of entities, ownership of shares, and activities of subsidiaries or other entities
- § 6.2-702. Registration; authority to transact business
- § 6.2-703. Acquisition of interest in entity other than financial institution by financial institutions
- § 6.2-704. Acquisition of interests in financial institutions and financial institution holding companies; application; notice; Commission approval required
- § 6.2-705. Investigation of application
- § 6.2-706. Cooperative agreements with other regulatory authorities
- § 6.2-707. Reports and examinations
- § 6.2-708. Unsafe or unsound practices; cease and desist orders
- § 6.2-709. Conformity with federal forms
- § 6.2-710. Regulations excluding financial institution holding companies from this chapter
- § 6.2-711. Civil penalties; injunction
- § 6.2-712. A savings institution holding company seeking to acquire a bank or bank holding company deemed a bank holding company
- § 6.2-713. Applicable laws and regulations
- § 6.2-714. Examinations of out-of-state bank holding companies and subsidiaries; reports; joint actions
- § 6.2-715. Notice of intent to acquire out-of-state bank
Article 1. GENERAL PROVISIONS
- § 6.2-800. Definitions
- § 6.2-801. Application of chapter
- § 6.2-802. Effect of chapter on certain banks
- § 6.2-803. Entities authorized to engage in banking business
- § 6.2-804. Amendment of powers of state banks by regulation of the Commission
- § 6.2-805. Commission authorized to confer on state banks power to make charges comparable to those permitted to national banking associations
- § 6.2-806. Saturday closing of banks
- § 6.2-807. Discoverability or admissibility of compliance review committee documents
Article 2. INCORPORATION AND POWERS
- § 6.2-808. Incorporation; corporate powers
- § 6.2-809. Bankers' banks
- § 6.2-810. Effect of chapter on charter powers
- § 6.2-811. Membership in Federal Reserve Bank System or Federal Home Loan Bank System
- § 6.2-812. Inspection of records, reports, and information of insured banks
- § 6.2-813. Participation by banks in school thrift or savings plans
- § 6.2-814. Powers of banks
- § 6.2-815. Suspension of business during emergency
- § 6.2-816. Banks to obtain certificate of authority
- § 6.2-817. Capital stock subscriptions
- § 6.2-818. Commissions or other compensation for sale of stock not permitted
Article 3. CONDUCT OF TRUST BUSINESS BY BANKS
- § 6.2-819. Authority to engage in trust business; permission of Commission required
- § 6.2-820. Powers of national banks as fiduciaries
- § 6.2-821. Separation of banking and trust functions; establishment of trust department
Article 4. BANK MERGERS AND CONVERSIONS
- § 6.2-822. Merger and share exchange by state banks
- § 6.2-823. Conversion of national banking association to state bank; certificate of authority
- § 6.2-824. Status of converted bank
- § 6.2-825. State bank becoming national bank; notice required; effect on liabilities
- § 6.2-826. Effect of conversion of state bank to national bank
- § 6.2-827. Rights of national bank stockholders dissenting from conversion
- § 6.2-828. Conversion of state bank to federal savings institution
- § 6.2-829. Conversion from state savings bank to state bank; conversion from state bank to state savings bank
- § 6.2-830. Conversion from stock association to bank; conversion from bank to stock association
Article 5. BRANCHES AND FACILITIES
- § 6.2-831. Establishment of branch banks; redesignation of main office
- § 6.2-832. Establishment of automated teller machines and electronic terminals
- § 6.2-833. Bank agent for depository institution
- § 6.2-834. Operation of branch office under different name; civil penalty
- § 6.2-835. Banking facilities in certain hospitals or federal areas
Article 6. INTERSTATE BRANCHING
- § 6.2-836. Definitions
- § 6.2-837. Interstate branching by Virginia state banks
- § 6.2-838. Interstate branching
- § 6.2-839. Interstate branching through the acquisition of a branch
- § 6.2-840. Filing requirements
- § 6.2-841. Repealed
- § 6.2-842. Powers
- § 6.2-843. Examination; periodic reports; cooperative agreements; assessment of fees
- § 6.2-844. Enforcement
- § 6.2-845. Additional branches
- § 6.2-846. Regulations; fees
- § 6.2-847. Notice of subsequent merger or other transaction
- § 6.2-848. Repealed
Article 7. INTERSTATE BANK MERGERS
- § 6.2-849. Definitions
- § 6.2-850. Authority to branch outside the Commonwealth by merger
- § 6.2-851. Interstate merger transactions and branching permitted
- § 6.2-852. Filing requirements
- § 6.2-853. Conditions for interstate merger
- § 6.2-854. Powers
- § 6.2-855. Examinations and periodic reports
- § 6.2-856. Cooperative agreements; assessment of fees
- § 6.2-857. Enforcement
- § 6.2-858. Regulations; fees
- § 6.2-859. Notice of subsequent merger
Article 8. DIRECTORS AND OFFICERS; DIVIDENDS
- § 6.2-860. Bank to be managed by board of directors; number of directors
- § 6.2-861. Application of Virginia Stock Corporation Act
- § 6.2-862. Directors to own stock in bank
- § 6.2-863. Oaths of directors
- § 6.2-864. Report to Commission of election of director
- § 6.2-865. Removal of director or officer; appeals; penalty
- § 6.2-866. Meetings of board of directors
- § 6.2-867. Discount by officer, director, or employee of paper refused by bank
- § 6.2-868. Bonds required of officers and employees; blanket bond
- § 6.2-869. Dividends; surplus; undivided profits
Article 9. INVESTMENTS AND LOANS
- § 6.2-870. Limitation of amount invested in bank premises
- § 6.2-871. Investment in stock or securities of bank service corporations
- § 6.2-872. For what purpose banks may purchase, hold, and convey real estate
- § 6.2-873. Additional permissible investments in real estate
- § 6.2-874. Prohibited uses of bank's own stock; other investments or loans
- § 6.2-875. Limitations on obligations of borrowers
- § 6.2-876. Loans to executive officers or directors
- § 6.2-877. Overdrafts by bank officer or director
- § 6.2-878. Loans secured by real estate generally
- § 6.2-879. Certain loans not considered loans secured by real estate
- § 6.2-880. Construction loans
- § 6.2-881. Investment in reverse annuity mortgages
- § 6.2-882. Bank borrowing money or rediscounting its notes
- § 6.2-883. Acceptance of drafts or bills of exchange; issuance of letters of credit
- § 6.2-884. Ownership and lease of personal property
- § 6.2-885. Investment in stock or securities of controlled subsidiary corporations
- § 6.2-886. Regulation of controlled subsidiary corporations by Commission
- § 6.2-887. Insurance business of controlled subsidiary
- § 6.2-888. Real estate brokerage business of controlled subsidiary
Article 10. RESERVES
- § 6.2-889. Required reserves
- § 6.2-890. Preferences by pledging assets
- § 6.2-891. Perfection of certain security interests
- § 6.2-892. Federal deposit insurance a credit towards certain required bonds
Article 11. DEPOSIT ACCOUNTS
- § 6.2-893. Payment of balance of deceased person or person under disability
- § 6.2-894. Deposits in and withdrawals from accounts of convicts
- § 6.2-895. Repealed
- § 6.2-896. Deposits of minors
- § 6.2-897. Bank need not inquire as to fiduciary funds deposited in fiduciary's personal account
Article 12. EXAMINATIONS AND REPORTS
- § 6.2-898. Examinations
- § 6.2-899. Examination of affiliates
- § 6.2-900. Special examinations
- § 6.2-901. Assistance in making examinations
- § 6.2-902. Notice of examination
- § 6.2-903. Revaluation of assets after examination
- § 6.2-904. Report of examination; inspection and dissemination to directors
- § 6.2-905. Communications to board or executive committee
- § 6.2-906. Disclosure of irregularities; Commission's powers
- § 6.2-907. Reports of condition and other statements
- § 6.2-908. Fees for supervision and regulation and for certain examinations and investigations
- § 6.2-909. Assessment and payment of fees; lien
- § 6.2-910. Reduction of fees
- § 6.2-911. Examination of national banks
Article 13. RECEIVERSHIPS
- § 6.2-912. Definition
- § 6.2-913. Closing bank upon insolvency; appointment of receiver
- § 6.2-914. Merger or transfer of assets of insolvent bank
- § 6.2-915. Protection of state deposits upon insolvency
- § 6.2-916. Appointment of receiver
- § 6.2-917. Execution of powers of sale by receivers
- § 6.2-918. Rights and powers of receivers generally
- § 6.2-919. Interest on deposits; distribution of surplus remaining after payment of depositors
- § 6.2-920. Proceedings to bar certain claims against banks in liquidation
- § 6.2-921. When publication of list of creditors unnecessary
- § 6.2-922. When publication once in two newspapers sufficient
- § 6.2-923. When claims barred
- § 6.2-924. Power of receivers to contract for loans and make investments
Article 14. APPOINTMENT OF FDIC AS RECEIVER
- § 6.2-925. Definitions
- § 6.2-926. Appointment of FDIC as receiver
- § 6.2-927. Transfer of title to bank assets
- § 6.2-928. Posting of notice; effect of posting notice
- § 6.2-929. Powers of receiver
- § 6.2-930. Emergency sale of assets
- § 6.2-931. Notice and proof of claim; notice of rejection of claim; petition for hearing
- § 6.2-932. Payment of claims filed after prescribed period
- § 6.2-933. Distribution of assets
- § 6.2-934. Receivership procedures involving assets held by closed bank as fiduciary
- § 6.2-935. Termination of executory contracts and leases; liability; extension of statute of limitations
- § 6.2-936. Subrogation to rights of bank depositors
- § 6.2-937. Destruction of records
Article 15. BANKING OFFENSES
- § 6.2-938. Engaging in banking business without authority; Commission may examine accounts of suspected person; penalty
- § 6.2-939. Unlawful use of terms indicating that business is bank; penalty
- § 6.2-940. Making derogatory statements affecting banks; penalty
- § 6.2-941. Use of bank name, logo, or symbol for marketing purposes; penalty
- § 6.2-942. False certification of checks; penalty
- § 6.2-943. Offenses by officer, director, agent, or employee of bank; penalties
- § 6.2-944. Officers, directors, agents, and employees violating or causing bank to violate laws; civil liability not affected
- § 6.2-945. Receiving deposit knowing bank to be insolvent; penalty
- § 6.2-946. Civil penalties for violation of Commission's orders
Article 16. VOLUNTARY REGULATORY SELF-ASSESSMENTS
- § 6.2-947. Definitions
- § 6.2-948. Privilege for self-assessment reports
- § 6.2-949. Exceptions from self-evaluation privilege
- § 6.2-950. Effect on other privileges
Article 17. BENEFITS CONSORTIUM
- § 6.2-951. Definitions
- § 6.2-952. Conditions for a benefits consortium
- § 6.2-953. Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company
Article 1. TRUST POWERS AND TRUST BUSINESS
- § 6.2-1000. Definitions
- § 6.2-1001. Entities authorized to engage in trust business
- § 6.2-1002. Powers of trust institutions
- § 6.2-1003. When security not required; payment of probate taxes and fees
- § 6.2-1004. Who may take oath for corporate fiduciary
- § 6.2-1005. Deposit or other use of trust funds
- § 6.2-1006. Custody of trust securities to be kept separate; federal securities and obligations
- § 6.2-1007. Investment of trust funds
- § 6.2-1008. Dealings with self or affiliates
- § 6.2-1009. Common trust and collective investment funds
- § 6.2-1010. Holding stock or other securities as fiduciary
- § 6.2-1011. Voting of bank shares held by trust institution as fiduciary; when disqualified
- § 6.2-1012. Suspension or prohibition of trust institutions
Article 2. TRUST COMPANIES
- § 6.2-1013. Definitions
- § 6.2-1014. Certificate required
- § 6.2-1015. Application for certificate; fee
- § 6.2-1016. Bond required
- § 6.2-1017. Procedure for granting or denying certificate
- § 6.2-1018. Minimum capital; state of incorporation; form of entity
- § 6.2-1019. Issuance of shares; subscriptions to stock; stock option plans
- § 6.2-1020. Certain transactions by affiliated trust companies prohibited
- § 6.2-1021. Commissions or fees for sale of stock not permitted
- § 6.2-1022. Reacquisition of shares; dividends
- § 6.2-1023. Acquisition of stock; application
- § 6.2-1024. Restrictions on control, officers and directors
- § 6.2-1025. Report to Commission of election of director
- § 6.2-1026. Removal of director or officer; appeals; penalty
- § 6.2-1027. Bonds required of officers and employees; blanket bond
- § 6.2-1028. Offices
- § 6.2-1029. Directors
- § 6.2-1030. Discount by officer, director, or employee of refused paper
- § 6.2-1031. Reports
- § 6.2-1032. Investigations; examinations
- § 6.2-1033. Fees
- § 6.2-1034. Regulations
- § 6.2-1035. Audits
- § 6.2-1036. Commission's remedial powers
- § 6.2-1037. Effect of surrender or revocation of certificate
- § 6.2-1038. Appointment of receiver
- § 6.2-1039. Engaging in trust business without authority; Commission may examine accounts of suspected person; penalty
- § 6.2-1040. Unlawful use of terms indicating that business is trust company; penalty
- § 6.2-1041. Civil penalties for failure to comply with § 62-1031 or 62-1032
- § 6.2-1042. Making derogatory statements affecting trust companies; penalty
- § 6.2-1043. Use of trust company name, logo, or symbol for marketing purposes; penalty
- § 6.2-1044. Offenses by officer, director, agent or employee of trust company; penalties
- § 6.2-1045. Officers, directors, agents and employees violating or causing trust company to violate laws; civil liability not affected
- § 6.2-1046. Civil penalties for violation of Commission's orders
Article 3. TRUST SUBSIDIARIES
- § 6.2-1047. Definitions
- § 6.2-1048. Organization of subsidiary trust companies
- § 6.2-1049. Permissible business
- § 6.2-1050. Directors
- § 6.2-1051. Report to Commission of election of director
- § 6.2-1052. Removal of director or officer; appeals; penalty
- § 6.2-1053. Bonds required of officers and employees; blanket bond
- § 6.2-1054. Certificate required
- § 6.2-1055. Trust offices
- § 6.2-1056. When security not required of trust subsidiaries
- § 6.2-1057. Deposits held or received by trust subsidiaries or subsidiary bank with affiliate banks
- § 6.2-1058. Substitution of trust subsidiary as fiduciary
- § 6.2-1059. Substitution of subsidiary bank under common ownership as fiduciary
- § 6.2-1060. Trust subsidiaries to have same powers and restrictions as bank trust departments
- § 6.2-1061. Reports; investigations and examinations; civil penalties
- § 6.2-1062. Offenses by officer, director, agent or employee of trust subsidiary; penalties
- § 6.2-1063. Officers, directors, agents and employees violating or causing trust subsidiary to violate laws; civil liability not affected
- § 6.2-1064. Civil penalties for violation of Commission's orders
Article 4. MULTISTATE TRUST INSTITUTIONS
- § 6.2-1065. Definitions
- § 6.2-1066. Interstate trust offices by Virginia state banks
- § 6.2-1067. Trust business of out-of-state trust institution
- § 6.2-1068. Establishing or acquiring an interstate trust office; additional trust offices; notice of closure
- § 6.2-1069. Filing requirements
- § 6.2-1070. Conditions for approval
- § 6.2-1071. Examinations; periodic reports; cooperative agreements; assessment of fees
- § 6.2-1072. Enforcement
- § 6.2-1073. Regulations; fees
Article 5. PRIVATE TRUST COMPANIES
- § 6.2-1074. Definitions
- § 6.2-1075. Organization; minimum capital; notice to Bureau; control
- § 6.2-1076. Operation and powers
- § 6.2-1077. Reacquisition of shares or interests; dividends
- § 6.2-1078. Offices
- § 6.2-1079. Directors or managers
- § 6.2-1080. Limitation on powers
Article 6. TRUST POWERS OF SAVINGS INSTITUTIONS
- § 6.2-1081. Definitions
- § 6.2-1082. Applications for permission to offer trust services
- § 6.2-1083. Commission to issue certificate; powers of associations authorized to offer trust services
- § 6.2-1084. Continuation of trust powers in the event of consolidation or merger of two or more associations
- § 6.2-1085. When security not required
- § 6.2-1086. Association's operation and supervision of trust department
- § 6.2-1087. Books and accounts
- § 6.2-1088. Investment of funds and assets held as fiduciary
- § 6.2-1089. Funds awaiting investment or distribution
- § 6.2-1090. Dealings with self or affiliates
- § 6.2-1091. Voting of financial institution stock held by association as fiduciary; when association disqualified from voting
- § 6.2-1092. Transactions between trust accounts
- § 6.2-1093. Custody of assets and investments held in trust
- § 6.2-1094. Establishment of common trust funds and collective investment funds; court accountings
- § 6.2-1095. Compensation of association acting as fiduciary
- § 6.2-1096. Surrender of trust powers by association
- § 6.2-1097. Effect on trust accounts of appointment of receiver for association or of voluntary dissolution of association
- § 6.2-1098. Revocation of trust powers
- § 6.2-1099. Trust powers of state savings banks
Article 1. GENERAL PROVISIONS
- § 6.2-1100. Definitions
- § 6.2-1101. Construction and application of chapter
- § 6.2-1102. Associations operating share accumulation loan plans; continued operation
- § 6.2-1103. Prohibitions on conduct of savings institution business; exceptions; penalty
- § 6.2-1104. False statements and similar actions prohibited; penalty
- § 6.2-1105. Use of savings institution name, logo, or symbol for marketing purposes; penalty
- § 6.2-1106. Prohibitions on the use of certain terms; exceptions; penalty
- § 6.2-1107. Defamation of savings institutions and certain federal agencies prohibited; penalty
- § 6.2-1108. Membership in Federal Home Loan Bank and Federal Deposit Insurance Corporation authorized; insurance required as a condition to receiving deposits; representations that accounts are insured; misleading advertisements
- § 6.2-1109. Representations that accounts are insured; misleading advertisements
- § 6.2-1110. Membership in facilitating organizations or instrumentalities
- § 6.2-1111. Authority to purchase, convey or manage property in which state savings institution has a security interest; time limitation
- § 6.2-1112. Applicability of Virginia Uniform Commercial Code to commercial paper and depository activities of savings institutions
- § 6.2-1113. Discoverability or admissibility of compliance review committee documents
Article 2. INCORPORATION; CERTIFICATE OF AUTHORITY; CORPORATE ADMINISTRATION
- § 6.2-1114. Application of Virginia Stock Corporation Act and Virginia Nonstock Corporation Act
- § 6.2-1115. Formation of state savings institutions
- § 6.2-1116. Corporation name
- § 6.2-1117. Par value of shares; payment of shares; reacquisitions of shares or acceptance thereof as security; how subscriptions to stock to be paid; disposition of money received before institution opens; stock option plans
- § 6.2-1118. Certificate of authority to do business
- § 6.2-1119. Commissions and other fees for sale of stock not permitted
- § 6.2-1120. Minimum capital requirement
- § 6.2-1121. Board of directors
- § 6.2-1122. Meetings of board of directors
- § 6.2-1123. Notice of meetings of members; determining members entitled to notice or to vote
- § 6.2-1124. Voting rights; proxies
- § 6.2-1125. Access to books and records; communication with members
- § 6.2-1126. Audit of savings institution; report
- § 6.2-1127. Bonds of officers and employees
- § 6.2-1128. Loans to executive officers or directors
- § 6.2-1129. Overdrafts by savings institution officers, directors or employees
- § 6.2-1130. Reserves; surplus and undivided profits
- § 6.2-1131. Liability of members of mutual savings institutions
- § 6.2-1132. Mutual capital certificates
Article 3. OFFICES, BRANCHES, AND FACILITIES
- § 6.2-1133. Offices and other facilities of state and foreign savings institutions; approval of branch offices required
- § 6.2-1134. Facilities associated with branch office
- § 6.2-1135. Change of branch office location
- § 6.2-1136. Remote service units
- § 6.2-1137. Off premises financial services
- § 6.2-1138. Suspension of business during actual or threatened emergency
Article 4. CONVERSIONS, REORGANIZATIONS, MERGERS, AND ACQUISITIONS
- § 6.2-1139. Conversion from mutual savings institution to stock institution
- § 6.2-1140. Reorganization of mutual association into mutual holding company; approval by Commissioner; powers; issuance of stock
- § 6.2-1141. Conversion of state savings institution into federal financial institution
- § 6.2-1142. Conversion of federal financial institution into state savings institution or state bank
- § 6.2-1143. Conversion from state savings bank to state association; conversion from state association to state savings bank
- § 6.2-1144. Conversion from stock savings institution to bank
- § 6.2-1145. Merger or consolidation of savings institutions
- § 6.2-1146. State association or association holding company acquiring bank; association acquired by bank or bank holding company; merger or consolidation of association and bank
- § 6.2-1147. Acquisition of control of state stock institution requires Commission approval
Article 5. FOREIGN SAVINGS INSTITUTIONS; ACQUISITIONS BY OUT-OF-STATE SAVINGS INSTITUTIONS OR OUT-OF-STATE SAVINGS INSTITUTION HOLDING COMPANIES
- § 6.2-1148. Definitions
- § 6.2-1149. Foreign savings institutions; certificate of authority
- § 6.2-1150. When operation of foreign savings institution in the Commonwealth is prohibited
- § 6.2-1151. Applicability of Virginia Stock and Nonstock Corporation Acts
- § 6.2-1152. Law applicable to contracts of foreign savings institutions
- § 6.2-1153. Examination and supervision of foreign savings institutions
- § 6.2-1154. Revocation of certificate of authority of foreign savings institution
- § 6.2-1155. Unapproved foreign savings institutions
- § 6.2-1156. Activities that are not considered "doing business."
- § 6.2-1157. Acquisitions by out-of-state savings institution holding company
- § 6.2-1158. Acquisitions by out-of-state savings institution
- § 6.2-1159. Investigation of application; prescribed investigation period; shortening, lengthening or waiving of period; hearing; appeals
- § 6.2-1160. Notice of intent to acquire out-of-state savings institution
- § 6.2-1161. Applicable laws and regulations; enforcement by Commission
- § 6.2-1162. Periodic reports; interstate agreements
- § 6.2-1163. Application of article to bank or bank holding company
- § 6.2-1164. Acquisitions of state savings bank or holding companies by out-of-state financial institutions
- § 6.2-1165. Nonseverability
Article 6. ACCOUNTS
- § 6.2-1166. Accounts of state savings institutions
- § 6.2-1167. Rules governing withdrawal
- § 6.2-1168. Redemption
- § 6.2-1169. Accounts of savings institutions as legal investments and as security
- § 6.2-1170. Deposits of federal taxes and U.S. Treasury tax and loan accounts
- § 6.2-1171. Accounts under federal Self-Employed Individuals Tax Retirement Act and federal Employee Retirement Income Security Act of 1974 (P.L. 93-406, 88 Stat. 829)
- § 6.2-1172. Accounts issued in name of minor
- § 6.2-1173. Powers of attorney on accounts
- § 6.2-1174. Accounts of deceased or incompetent persons
- § 6.2-1175. Repealed
- § 6.2-1176. Accounts of fiduciaries
- § 6.2-1177. Savings institution need not inquire as to fiduciary funds deposited in fiduciary's personal account
- § 6.2-1178. Accounts held by various trustees for same beneficiary
Article 7. REAL ESTATE LOANS
- § 6.2-1179. Real estate loans; required investment
- § 6.2-1180. Appraisals; loan-to-value ratios
- § 6.2-1181. Initial repayments on real estate loans
- § 6.2-1182. Adjustable real estate loans
- § 6.2-1183. Special provisions for home loans
- § 6.2-1184. Dealing with successors in interest
- § 6.2-1185. Trustees on loans secured by deed of trust
Article 8. OTHER LOANS AND INVESTMENTS
- § 6.2-1186. General investment authority of state savings institutions
- § 6.2-1187. Investment authority of state savings banks
- § 6.2-1188. Effect of repeal or amendment of statute or regulation on existing loan or investment
- § 6.2-1189. Limitation on liability of savings institutions making loans for certain purposes
- § 6.2-1190. Perfection of certain security interests
Article 9. SUPERVISION
- § 6.2-1191. General supervisory powers of Commission
- § 6.2-1192. Regulations
- § 6.2-1193. Statements to be furnished by Commission to directors of savings institutions
- § 6.2-1194. State savings institutions to furnish financial statements and reports
- § 6.2-1195. Examination of state savings institutions and affiliates by Commissioner; report of examination
- § 6.2-1196. Access to books and evidence of debt; examination of directors, officers, and employees under oath
- § 6.2-1197. False statements; penalty
- § 6.2-1198. Audits
- § 6.2-1199. Powers of Commission in case of nonobservance of law, noncompliance with orders, insufficient reserves or insolvency; appointment of Federal Deposit Insurance Corporation as receiver
- § 6.2-1200. Removal of director or officer; appeal; penalty for acting after removal
- § 6.2-1201. Special examinations
- § 6.2-1202. Fees for supervision and regulation; investigations
- § 6.2-1203. Examination of persons believed to be doing business without authority; doing business without authority; penalty
- § 6.2-1204. Compliance by savings institution holding companies with federal regulations constitutes compliance with Commission regulations
- § 6.2-1205. Merger, consolidation or transfer of assets of insolvent or financially unstable savings institution; notice and hearing; final order; priorities; examinations of resulting institutions
Article 1. GENERAL PROVISIONS
- § 6.2-1300. Definitions
- § 6.2-1301. Effect of ownership of a share account; priority of shares
- § 6.2-1302. Powers
- § 6.2-1303. Regulations
- § 6.2-1304. Franchise tax exemption
- § 6.2-1305. Making or circulating derogatory statements affecting credit unions; penalty
- § 6.2-1306. Unlawful use of words "credit union."
- § 6.2-1307. Use of credit union name, logo, or symbol for marketing purposes; penalty
Article 2. SUPERVISION AND REGULATION
- § 6.2-1308. Supervision and regulation by Commission
- § 6.2-1309. Examinations
- § 6.2-1310. Fees for examination, supervision, and regulation
- § 6.2-1311. Reports to Commission; penalty for failure to make reports
- § 6.2-1312. Cease and desist orders; right to hearing
- § 6.2-1313. Powers of Commission in case of nonobservance of law, noncompliance with orders, insufficient reserves, or insolvency; appointment of receiver
- § 6.2-1314. Penalties for violation of orders of Commission
- § 6.2-1315. Removal of director or officer; penalty for acting after removal
- § 6.2-1316. Offenses; penalty
- § 6.2-1317. Supervisory merger or transfer of assets of insolvent credit union
- § 6.2-1318. Consolidation or merger
- § 6.2-1319. Involuntary dissolution
Article 3. FORMATION OF CREDIT UNION
- § 6.2-1320. Incorporation
- § 6.2-1321. Certificate of authority
- § 6.2-1322. Contents of bylaws; amendments to bylaws generally
- § 6.2-1323. Amendments to articles of incorporation and bylaws
- § 6.2-1324. Bylaws amended by Commission
- § 6.2-1325. Fiscal year
- § 6.2-1326. Establishing, moving, and closing offices
Article 4. MEMBERSHIP
- § 6.2-1327. Membership defined; field of membership
- § 6.2-1328. Expansion of field of membership
- § 6.2-1329. Membership meetings; voting
- § 6.2-1330. Special meetings
Article 5. SHARE INSURANCE
- § 6.2-1331. Definitions
- § 6.2-1332. Insurance of shares
- § 6.2-1333. Establishment of corporation; purposes
- § 6.2-1334. Contents of corporation bylaws; amendments thereto
- § 6.2-1335. Application for membership; share insurance required
- § 6.2-1336. Loss reserve contributions
- § 6.2-1337. Annual and special assessments
- § 6.2-1338. Duties and additional powers of corporation
- § 6.2-1339. Duties and powers of Commission; judicial review
- § 6.2-1340. Supervision, reports and examinations by Commission
- § 6.2-1341. Audit by corporation and corrective measures; appeal
- § 6.2-1342. Tax exemptions
- § 6.2-1343. Inconsistent laws inapplicable
Article 6. CHANGE IN CORPORATE STATUS
- § 6.2-1344. Voluntary merger
- § 6.2-1345. Voluntary dissolution
- § 6.2-1346. Conversion of federal credit union to state credit union
- § 6.2-1347. Conversion of state credit union to federal credit union
- § 6.2-1347.1. Conversion to a state mutual savings institution
Article 7. DIRECTION OF AFFAIRS
- § 6.2-1348. Board of directors; number; election; term; appointment of supervisory and credit committees
- § 6.2-1349. Board of directors; election of officers
- § 6.2-1350. Executive committee
- § 6.2-1351. Meetings of directors
- § 6.2-1352. Compensation of officials
- § 6.2-1353. Powers and duties of directors
- § 6.2-1354. Credit committee or loan officers; appeal
- § 6.2-1355. Supervisory committee; suspension and removal of officials
- § 6.2-1356. Special audit
- § 6.2-1357. Qualifications of officials
Article 8. ACCOUNTS
- § 6.2-1358. Share accounts
- § 6.2-1359. Payment for shares; transfers; lien on shares
- § 6.2-1360. Dividends
- § 6.2-1361. Ascertaining value of assets
- § 6.2-1362. Minors' accounts
- § 6.2-1363. Individual retirement accounts and retirement or pension plans
- § 6.2-1364. Acceptance of money under Virginia Uniform Transfers to Minors Act
- § 6.2-1365. Accounts of deceased or incapacitated person
- § 6.2-1366. Repealed
- § 6.2-1367. Application of provisions to federal credit unions
- § 6.2-1368. Accounts of fiduciaries
- § 6.2-1369. Credit union need not inquire as to fiduciary funds used to purchase shares in fiduciary's personal account
Article 9. LOANS AND INVESTMENTS
- § 6.2-1370. Purpose and condition of loans
- § 6.2-1371. Other charges
- § 6.2-1372. Loan limits
- § 6.2-1373. Loans to members of credit committee; nonmember loans
- § 6.2-1374. Lines of credit
- § 6.2-1375. Cooperative loans
- § 6.2-1376. Authorized investments
Article 10. RESERVES
Article 11. OUT-OF-STATE CREDIT UNIONS
- § 6.2-1379. Out-of-state credit unions
- § 6.2-1380. Examinations; periodic reports; cooperative agreements; assessment of fees
Chapter 14. INDUSTRIAL LOAN ASSOCIATIONS
- § 6.2-1400. Definitions
- § 6.2-1401. Powers of associations
- § 6.2-1402. Use of certain words in name prohibited
- § 6.2-1403. Directors
- § 6.2-1404. Commission may regulate issuance of evidences of debt
- § 6.2-1405. Extent to which associations regarded as banks; conversion of certain associations to banks; new associations not authorized
- § 6.2-1406. Sale of certificates of investment by certain associations prohibited
- § 6.2-1407. Prohibitions on associations with certificates issued and outstanding; advertisements
- § 6.2-1408. Associations to have one office; how office moved
- § 6.2-1409. Prepayment by borrower from association; rebates for unearned interest; prepayment penalty
- § 6.2-1410. Amount of loan
- § 6.2-1411. Retention of books, accounts, and records
- § 6.2-1412. Annual report
- § 6.2-1413. Investigations; examinations
- § 6.2-1414. Annual fees
- § 6.2-1415. Regulations
- § 6.2-1416. Prohibited practices
- § 6.2-1417. Escrow accounts
- § 6.2-1418. Suspension or revocation of authority
- § 6.2-1419. Cease and desist orders
- § 6.2-1420. Notice of proposed suspension or revocation
- § 6.2-1421. Civil penalties
- § 6.2-1500. Definitions
- § 6.2-1501. Compliance with chapter; license required; attempts to evade application of chapter
- § 6.2-1502. Certain persons ineligible as licensees; exception for subsidiaries
- § 6.2-1503. Scope of chapter
- § 6.2-1504. Restrictions on name
- § 6.2-1505. Application for license; application fee
- § 6.2-1506. Investigation of application
- § 6.2-1507. Issuance of license
- § 6.2-1508. Notices to Commission
- § 6.2-1509. Contents, posting, transfer, and duration of license
- § 6.2-1510. Acquisition of control; application
- § 6.2-1511. Revocation of license
- § 6.2-1512. Suspension of license
- § 6.2-1513. Record and notice of revocation or suspension
- § 6.2-1514. Surrender of license
- § 6.2-1515. Effect of license revocation, suspension, or surrender
- § 6.2-1516. Reinstatement of license
- § 6.2-1517. Place of business generally
- § 6.2-1518. Notice of conduct of other business in same place of business; fee
- § 6.2-1519. Changing place of business
- § 6.2-1520. Rate of interest; late charges; processing fees
- § 6.2-1521. Post-judgment charges
- § 6.2-1522. Other limitations on interest
- § 6.2-1523. Additional charges prohibited; exceptions
- § 6.2-1524. Required and prohibited activities and conduct
- § 6.2-1525. Wage purchases
- § 6.2-1526. Wage assignments
- § 6.2-1527. Liens on household furniture
- § 6.2-1528. Exemptions unimpaired
- § 6.2-1529. Collection of loans made outside Commonwealth
- § 6.2-1530. Investigations; immunities
- § 6.2-1531. Examination
- § 6.2-1532. Fees for examination, supervision and regulation
- § 6.2-1533. Books, accounts, and records; pledge or deposit of notes and securities
- § 6.2-1534. Annual reports
- § 6.2-1535. Regulations and orders
- § 6.2-1536. Disclosures in connection with sale of securities
- § 6.2-1537. Authority of Attorney General; impoundment of property and receivership
- § 6.2-1538. Copies of orders or licenses
- § 6.2-1539. Review by Commission
- § 6.2-1540. Criminal penalties
- § 6.2-1541. Unlawful contracts void; recovery of amounts paid
- § 6.2-1542. Duty to refund unauthorized or excess charges; liability to borrower for penalty
- § 6.2-1543. Civil penalties
- § 6.2-1600. Definitions
- § 6.2-1601. License requirement
- § 6.2-1602. Persons exempt from chapter
- § 6.2-1603. Application for license; form; content; fee
- § 6.2-1604. Bond required
- § 6.2-1605. Investigation of applications
- § 6.2-1606. Qualifications
- § 6.2-1607. Licenses; places of business; changes
- § 6.2-1608. Acquisition of control; application
- § 6.2-1609. Retention of books, accounts and records
- § 6.2-1610. Annual report
- § 6.2-1611. Investigations; examinations
- § 6.2-1612. Annual fees
- § 6.2-1613. Regulations
- § 6.2-1614. Prohibitions applicable to mortgage lenders and mortgage brokers
- § 6.2-1615. Other prohibitions applicable to mortgage lenders
- § 6.2-1616. Other prohibitions applicable to mortgage brokers
- § 6.2-1617. Application to certain real estate brokers
- § 6.2-1618. Escrow accounts
- § 6.2-1619. Suspension or revocation of license
- § 6.2-1620. Censuring, suspending, or barring persons
- § 6.2-1621. Filing of written report with Commissioner; events affecting activities of licensee
- § 6.2-1622. Cease and desist orders
- § 6.2-1623. Notice of proposed suspension or revocation
- § 6.2-1624. Civil penalties
- § 6.2-1625. Criminal penalties
- § 6.2-1626. Authority of Attorney General; referral by Commission to Attorney General
- § 6.2-1627. Private actions
- § 6.2-1628. Enforcement of prohibitions on certain practices; recovery of attorney fees
- § 6.2-1629. Prohibited practices; authority of the Attorney General
- § 6.2-1700. Definitions
- § 6.2-1701. License requirement
- § 6.2-1701.1. Bona fide nonprofit organizations
- § 6.2-1701.2. Transitional mortgage loan originator license
- § 6.2-1702. Application for license; form; content; fee
- § 6.2-1703. Bond required
- § 6.2-1704. Mortgage loan originator background checks
- § 6.2-1705. Coordination of licensing
- § 6.2-1706. Qualifications
- § 6.2-1707. Other conditions for mortgage loan originator licensing
- § 6.2-1708. Pre-licensing education of mortgage loan originators
- § 6.2-1709. Testing of mortgage loan originator applicants
- § 6.2-1710. Continuing education requirements
- § 6.2-1711. Licenses; places of business; changes
- § 6.2-1712. Repealed
- § 6.2-1713. Investigations; examinations
- § 6.2-1714. Annual fees
- § 6.2-1715. Advertising; use of a unique identifier
- § 6.2-1716. Suspension or revocation of license
- § 6.2-1717. Filing of written report with Commissioner; events affecting a licensee
- § 6.2-1718. Notice of proposed suspension or revocation
- § 6.2-1719. Civil penalties
- § 6.2-1720. Regulations; agreements between Commission and Registry
- § 6.2-1721. Cease and desist orders
- § 6.2-1800. Definitions
- § 6.2-1801. License requirement
- § 6.2-1802. Applicability
- § 6.2-1803. Application for license; form; content; fee
- § 6.2-1804. Bond required
- § 6.2-1805. Investigation of applications
- § 6.2-1806. Qualifications
- § 6.2-1807. Licenses; places of offices; changes
- § 6.2-1808. Acquisition of control; application
- § 6.2-1809. Retention of books, accounts, and records
- § 6.2-1810. Payday lending database
- § 6.2-1811. Annual report
- § 6.2-1812. Other reporting requirements
- § 6.2-1813. Investigations; examinations
- § 6.2-1814. Annual fees
- § 6.2-1815. Regulations
- § 6.2-1816. Required and prohibited business methods
- § 6.2-1817. Rate of interest, loan fee, and verification fee
- § 6.2-1818. Additional charges
- § 6.2-1819. Advertising
- § 6.2-1820. Other business
- § 6.2-1821. Suspension or revocation of license
- § 6.2-1822. Cease and desist orders
- § 6.2-1823. Notice of proposed suspension or revocation
- § 6.2-1824. Civil penalties
- § 6.2-1825. Criminal penalties
- § 6.2-1826. Validity of noncompliant loan agreement; private right of action
- § 6.2-1827. Application of chapter to Internet loans
- § 6.2-1828. Authority of Attorney General; referral by Commission to Attorney General
- § 6.2-1829. Violation of the Virginia Consumer Protection Act
- § 6.2-1900. Definitions
- § 6.2-1901. License required; exception
- § 6.2-1902. Scope and construction of chapter
- § 6.2-1903. Application for license; financial statements; application fee
- § 6.2-1904. Bond required
- § 6.2-1904.1. Investigation of applications
- § 6.2-1905. Annual fees; expenses; annual reports; renewal
- § 6.2-1906. Conditions prerequisite to issuance of license; net worth requirement
- § 6.2-1906.1. Licenses; places of business; changes
- § 6.2-1907. License revocation
- § 6.2-1908. Notice of proposed revocation
- § 6.2-1909. Cease and desist orders
- § 6.2-1910. Investigations; examinations; reporting violations
- § 6.2-1911. Conduct of business through authorized delegates of licensee
- § 6.2-1912. Liability of licensee for payment of money order; money order to bear name of licensee
- § 6.2-1913. Regulations
- § 6.2-1914. Acquisition of control; application
- § 6.2-1915. Sale or issuance of bearer money orders; prohibition
- § 6.2-1916. Retention of books, accounts, and records
- § 6.2-1917. Other reporting requirements
- § 6.2-1918. Maintenance of permissible investments
- § 6.2-1919. Types of permissible investments
- § 6.2-1920. Civil penalties
- § 6.2-1921. Criminal penalty
- § 6.2-2000. Definitions
- § 6.2-2001. License requirement; exceptions
- § 6.2-2002. Application for license; form; content; fee
- § 6.2-2003. Bond required
- § 6.2-2004. Investigation of applications
- § 6.2-2005. Qualifications
- § 6.2-2006. Licenses; places of business; changes
- § 6.2-2007. Acquisition of control; application
- § 6.2-2008. Retention of books, accounts, and records; responding to Bureau
- § 6.2-2009. Annual report
- § 6.2-2010. Other reporting requirements
- § 6.2-2011. Investigations; examinations
- § 6.2-2012. Annual fees
- § 6.2-2013. Regulations
- § 6.2-2014. Required and prohibited business methods
- § 6.2-2015. Fees and contributions
- § 6.2-2016. Additional charges
- § 6.2-2017. Advertising
- § 6.2-2018. Suspension or revocation of license
- § 6.2-2019. Cease and desist orders
- § 6.2-2020. Notice of proposed suspension or revocation
- § 6.2-2021. Civil penalties
- § 6.2-2022. Criminal penalty
- § 6.2-2023. Private right of action
- § 6.2-2024. Authority of Attorney General; referral by Commission to Attorney General
- § 6.2-2025. Violation of the Virginia Consumer Protection Act
- § 6.2-2100. Definitions
- § 6.2-2101. Registration requirement; offices
- § 6.2-2102. Exempt persons
- § 6.2-2103. Registration fees; reports
- § 6.2-2104. Investigations
- § 6.2-2105. Fees posted; endorsement of items cashed
- § 6.2-2106. Regulations
- § 6.2-2107. Prohibited practices
- § 6.2-2107.1. Recordkeeping requirements
- § 6.2-2108. Civil penalties; civil action
- § 6.2-2109. Criminal penalties
- § 6.2-2110. Revocation of registration
- § 6.2-2111. Notice of proposed revocation
- § 6.2-2200. Definitions
- § 6.2-2201. License required
- § 6.2-2202. Scope of chapter
- § 6.2-2203. Application for license; form; content; fee
- § 6.2-2204. Bond required
- § 6.2-2205. Investigation of applications
- § 6.2-2206. Qualifications
- § 6.2-2207. Licenses; places of business; changes
- § 6.2-2208. Acquisition of control; application
- § 6.2-2209. Retention of books, accounts, and records
- § 6.2-2210. Annual report
- § 6.2-2211. Other reporting requirements
- § 6.2-2212. Investigations; examinations
- § 6.2-2213. Annual fees
- § 6.2-2214. Regulations
- § 6.2-2215. Required and prohibited business methods
- § 6.2-2216. Interest and other charges; term; monthly payments
- § 6.2-2217. Limited recourse; repossession and sale of motor vehicle
- § 6.2-2218. Advertising
- § 6.2-2219. Suspension or revocation of license
- § 6.2-2220. Cease and desist orders
- § 6.2-2221. Notice of proposed suspension or revocation
- § 6.2-2222. Fines for violations
- § 6.2-2223. Criminal penalty
- § 6.2-2224. Validity of noncompliant loan agreement
- § 6.2-2225. Application of chapter to Internet loans
- § 6.2-2226. Authority of Attorney General; referral by Commission to Attorney General
- § 6.2-2227. Violation of the Virginia Consumer Protection Act
Chapter 23. SAFE DEPOSIT BOXES
- § 6.2-2300. Definitions
- § 6.2-2301. Access to joint safe deposit box
- § 6.2-2302. Limited access to safe deposit box upon death of lessee
- § 6.2-2303. Limited access to safe deposit box upon incapacity of lessee
- § 6.2-2304. Duty to deny access to safe deposit boxes under certain conditions
- § 6.2-2305. Notice to lessee upon nonpayment of rent
- § 6.2-2306. Opening box; marking contents
- § 6.2-2307. Disposition of contents
- § 6.2-2308. Certificate of notary public
- § 6.2-2309. Subsequent right of lessee to contents
- § 6.2-2310. Sale of contents after two years
- § 6.2-2311. Disposition of proceeds of sale
- § 6.2-2312. Rental for storage unpaid for three years
- § 6.2-2313. Documents having pretium affectionis
- § 6.2-2314. Provisions confer cumulative remedy
- § 6.2-2400. Definition
- § 6.2-2401. Securitization transactions; no interest retained by transferor
- § 6.2-2402. Treatment of securitization transactions
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