Consumer Finance Companies
This is Chapter 15 of the Code of Virginia, titled “Consumer Finance Companies.” It is part of Title 6.2, titled “Financial Institutions And Services.” It is part of Subtitle III, titled “Other Regulated Providers Of Financial Services.” It’s comprised of the following 44 sections.
- § 6.2-1500
- Definitions
- § 6.2-1501
- Compliance with chapter; license required; attempts to evade application of chapter
- § 6.2-1502
- Certain persons ineligible as licensees; exception for subsidiaries
- § 6.2-1503
- Scope of chapter
- § 6.2-1504
- Restrictions on name
- § 6.2-1505
- Application for license; application fee
- § 6.2-1506
- Investigation of application
- § 6.2-1507
- Issuance of license
- § 6.2-1508
- Notices to Commission
- § 6.2-1509
- Contents, posting, transfer, and duration of license
- § 6.2-1510
- Acquisition of control; application
- § 6.2-1511
- Revocation of license
- § 6.2-1512
- Suspension of license
- § 6.2-1513
- Record and notice of revocation or suspension
- § 6.2-1514
- Surrender of license
- § 6.2-1515
- Effect of license revocation, suspension, or surrender
- § 6.2-1516
- Reinstatement of license
- § 6.2-1517
- Place of business generally
- § 6.2-1518
- Notice of conduct of other business in same place of business; fee
- § 6.2-1519
- Changing place of business
- § 6.2-1520
- Rate of interest; late charges; processing fees
- § 6.2-1521
- Post-judgment charges
- § 6.2-1522
- Other limitations on interest
- § 6.2-1523
- Additional charges prohibited; exceptions
- § 6.2-1524
- Required and prohibited activities and conduct
- § 6.2-1525
- Wage purchases
- § 6.2-1526
- Wage assignments
- § 6.2-1527
- Liens on household furniture
- § 6.2-1528
- Exemptions unimpaired
- § 6.2-1529
- Collection of loans made outside Commonwealth
- § 6.2-1530
- Investigations; immunities
- § 6.2-1531
- Examination
- § 6.2-1532
- Fees for examination, supervision and regulation
- § 6.2-1533
- Books, accounts, and records; pledge or deposit of notes and securities
- § 6.2-1534
- Annual reports
- § 6.2-1535
- Regulations and orders
- § 6.2-1536
- Disclosures in connection with sale of securities
- § 6.2-1537
- Authority of Attorney General; impoundment of property and receivership
- § 6.2-1538
- Copies of orders or licenses
- § 6.2-1539
- Review by Commission
- § 6.2-1540
- Criminal penalties
- § 6.2-1541
- Unlawful contracts void; recovery of amounts paid
- § 6.2-1542
- Duty to refund unauthorized or excess charges; liability to borrower for penalty
- § 6.2-1543
- Civil penalties