Code of Virginia
Chapter 18 - Short-Term Loans
§ 6.2-1820. Other business

No licensee shall conduct the business of making short-term loans under this chapter at any office, suite, room, or other place of business where any other business is solicited or conducted except a registered check cashing business, a motor vehicle title loan business licensed under Chapter 22 (§ 6.2-2200 et seq.), or such other business as the Commission determines should be permitted, and subject to such conditions as the Commission deems necessary and in the public interest. No such other business shall be allowed except as permitted by Commission regulation or upon the filing of a written application with the Commission, payment of a $300 fee or other reasonable amount that the Commission may set, and provision of such information as the Commission may deem pertinent. The Commission shall not, however, permit the sale of insurance or the enrolling of borrowers under group insurance policies. This section shall not apply to any other business that is transacted with persons residing solely outside the Commonwealth.
2002, c. 897, § 6.1-463; 2010, c. 794; 2020, cc. 1215, 1258.

Structure Code of Virginia

Code of Virginia

Title 6.2 - Financial Institutions and Services

Chapter 18 - Short-Term Loans

§ 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. Loan 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

§ 6.2-1816.1. Loan terms and conditions

§ 6.2-1817. Authorized fees and charges

§ 6.2-1817.1. Inflation adjustment of maximum monthly maintenance fee

§ 6.2-1818. Repealed

§ 6.2-1818.1. Refinancing of short-term loans

§ 6.2-1818.2. Statement of balance due; repayment and refunds

§ 6.2-1818.3. Restriction on certain fees and charges

§ 6.2-1818.4. Verification of borrower's income

§ 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