Code of Virginia
Chapter 13 - Credit Unions
§ 6.2-1371. Other charges

A. In addition to interest charged on loans, a credit union may charge members all reasonable expenses in connection with making, closing, disbursing, extending, collecting, or renewing loans.
B. In accordance with the bylaws, a credit union may assess charges to members for failure to meet in a timely manner their obligations to the credit union.
1990, c. 373, § 6.1-225.52; 2010, c. 794.

Structure Code of Virginia

Code of Virginia

Title 6.2 - Financial Institutions and Services

Chapter 13 - Credit Unions

§ 6.2-1300. Definitions

§ 6.2-1301. Effect of ownership of a share account

§ 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

§ 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 approaching 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 or financially unstable credit union

§ 6.2-1318. Repealed

§ 6.2-1319. Involuntary dissolution

§ 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

§ 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

§ 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

§ 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

§ 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

§ 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

§ 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

§ 6.2-1377. Maintenance of regular reserves; special reserves

§ 6.2-1378. Use of reserves

§ 6.2-1379. Out-of-state credit unions

§ 6.2-1380. Examinations; periodic reports; cooperative agreements; assessment of fees