§ 6.2-2229 Exemptions
The provisions of this chapter shall not apply to and shall not place any additional requirements or obligations upon any of the following:
2. Any person, provider, or broker that enters into no more than five sales-based financing transactions with a recipient in a 12-month period; or
3. A single sales-based financing transaction in an amount over $500,000.
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.