Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 18 - Short-Term Loans

§ 6.2-1800. Definitions - As used in this chapter, unless the context requires a...

§ 6.2-1801. License requirement - A. No person shall engage in the business of making...

§ 6.2-1802. Applicability - The provisions of this chapter shall not apply to any...

§ 6.2-1803. Application for license; form; content; fee - A. An application for a license under this chapter shall...

§ 6.2-1804. Bond required - The application for a license shall be accompanied by a...

§ 6.2-1805. Investigation of applications - The Commissioner may make such investigations as he deems necessary...

§ 6.2-1806. Qualifications - A. Upon the filing and investigation of an application for...

§ 6.2-1807. Licenses; places of offices; changes - A. Each license shall: 1. State the address of each...

§ 6.2-1808. Acquisition of control; application - A. Except as provided in this section, no person shall...

§ 6.2-1809. Retention of books, accounts, and records - Every licensee shall maintain in its approved offices such books,...

§ 6.2-1810. Loan database - A. The Commission shall certify and contract with one or...

§ 6.2-1811. Annual report - A. Each licensee under this chapter shall annually, on or...

§ 6.2-1812. Other reporting requirements - A. A licensee shall file a written report with the...

§ 6.2-1813. Investigations; examinations - The Commission may, as often as it deems necessary, investigate...

§ 6.2-1814. Annual fees - A. To defray the costs of examination, supervision and regulation,...

§ 6.2-1815. Regulations - The Commission shall adopt such regulations as it deems appropriate...

§ 6.2-1816. Required and prohibited business methods - Each licensee shall comply with the following requirements and prohibitions:...

§ 6.2-1816.1. Loan terms and conditions - A licensee may engage in the business of making short-term...

§ 6.2-1817. Authorized fees and charges - A. A licensee may charge, collect, and receive only the...

§ 6.2-1817.1. Inflation adjustment of maximum monthly maintenance fee - The Commission may, from time to time, by regulation, adjust...

§ 6.2-1818. Repealed - Repealed by Acts 2020, cc. 1215 and 1258, cl. 2,...

§ 6.2-1818.1. Refinancing of short-term loans - Subject to subsection F of § 6.2-1818.2, a licensee may...

§ 6.2-1818.2. Statement of balance due; repayment and refunds - A. The licensee shall, upon the request of the borrower...

§ 6.2-1818.3. Restriction on certain fees and charges - Notwithstanding any provision of this chapter to the contrary, a...

§ 6.2-1818.4. Verification of borrower's income - Before initiating a short-term loan transaction with a borrower, a...

§ 6.2-1819. Advertising - A. No person licensed or required to be licensed under...

§ 6.2-1820. Other business - No licensee shall conduct the business of making short-term loans...

§ 6.2-1821. Suspension or revocation of license - A. The Commission may suspend or revoke any license issued...

§ 6.2-1822. Cease and desist orders - If the Commission determines that any person has violated any...

§ 6.2-1823. Notice of proposed suspension or revocation - The Commission shall not revoke or suspend the license of...

§ 6.2-1824. Civil penalties - In addition to the authority conferred under §§ 6.2-1821 and...

§ 6.2-1825. Criminal penalties - Any person violating § 6.2-1801 is guilty of a Class...

§ 6.2-1826. Validity of noncompliant loan agreement; private right of action - A. If any provision of a written loan agreement violates...

§ 6.2-1827. Application of chapter to Internet loans - A. The provisions of this chapter, including specifically the licensure...

§ 6.2-1828. Authority of Attorney General; referral by Commission to Attorney General - A. If the Commission determines that a person is in...

§ 6.2-1829. Violation of the Virginia Consumer Protection Act - Any violation of the provisions of this chapter shall constitute...