The Commission shall adopt regulations to effectuate the purposes of this chapter provided that such regulations conform to and are no broader in scope than regulations, and amendments thereto, adopted by the Consumer Financial Protection Bureau under the federal Equal Credit Opportunity Act (15 U.S.C. § 1691 et seq.). Such conforming regulations shall exempt from the coverage of this chapter any class of transactions which may be exempted from time to time from the federal Equal Credit Opportunity Act (15 U.S.C. § 1691 et seq.), by regulations of the Consumer Financial Protection Bureau.
1975, c. 627, § 59.1-21.24; 1977, c. 589; 2010, c. 794; 2016, c. 501.
Structure Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 5 - Equal Credit Opportunities
§ 6.2-501. Prohibited discrimination
§ 6.2-502. Notification of action on credit application
§ 6.2-503. Statement of reasons for adverse action
§ 6.2-505. 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