CODE OF VIRGINIA

(EFFECTIVE OCTOBER 1, 2016) STUDENT LOAN VENDORS (§ 23.1-410)

A. No employee of a public institution of higher education shall demand or
receive any payment, loan, advance, deposit of money, services, or anything,
present or promised, as an inducement for promoting any student loan vendor.

B. No public institution of higher education shall enter into any agreement with
any student loan vendor that states or implies an exclusive relationship between
the institution and vendor regarding student loans.

HISTORY: 2008, c. 624, § 23-4.3:2; 2014, c. 484; 2016, c. 588.