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§ 6.2-2232 Recipient place of business; required signature

A. For the purpose of determining whether a person’s principal place of business is in the Commonwealth, a provider or broker may rely upon (i) any written representation by the person as to whether the person’s principal place of business is in the Commonwealth, or (ii) the business address provided by the person is in the application for financing.

B. The provider shall obtain the recipient’s signature, which may be fulfilled by an electronic signature, on all disclosures required to be presented to the recipient by this chapter at the time the recipient accepts the specific sales-based financing offer.

History

This law was first created in 2022. The record of its establishment is cataloged in chapter 516 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.

2022, c. 516.

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