No provision of this chapter imposing any liability shall apply to any act done or omitted in good faith in conformity with any rule, regulation, or interpretation thereof by the Commission or by the Consumer Financial Protection Bureau or officer or employee duly authorized by the Bureau to issue such interpretation or approvals under the comparable provisions of the federal Equal Credit Opportunity Act, (15 U.S.C. § 1691 et seq.), and regulations thereunder, notwithstanding that after such act or omission has occurred, such rule, regulation, or interpretation is amended, rescinded, or determined by judicial or other authority to be invalid for any reason.
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