CODE OF VIRGINIA

(EFFECTIVE OCTOBER 1, 2016) PROMPT CREDITING AND EXPEDITIOUS REFUNDING OF FUNDS
(§ 23.1-634)

Each eligible institution acting as an agent for students receiving awards under
the Program shall promptly credit disbursed funds to student accounts following
the institution’s verification of student eligibility and expeditiously
distribute any refunds due recipients.

HISTORY: 1985, c. 359, § 23-38.17:1; 2000, cc. 94, 660; 2016, c. 588.