{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-6405.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-6405.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-6405.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-6405.html"}],"law_id":362956,"edition_id":2,"section_id":362956,"structure_id":51809,"section_number":"38.2-6405","catch_line":"Commercial transactions","history":"2019, cc. 799, 800.","full_text":"Subsection C of \u00a7 38.2-6401 and \u00a7 38.2-6403 do not apply to a guaranteed asset protection waiver offered in connection with a lease or retail installment sale associated with a commercial transaction.\n\n","order_by":null,"text":{"0":{"id":1352334,"text":"Subsection C of \u00a7 38.2-6401 and \u00a7 38.2-6403 do not apply to a guaranteed asset protection waiver offered in connection with a lease or retail installment sale associated with a commercial transaction.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51809,"edition_id":2,"name":"Guaranteed Asset Protection Waivers","identifier":"64","label":"chapter","depth":2,"order_by":38,"parent_id":51644,"metadata":{"child_laws":8,"child_structures":0},"date_created":"2026-08-02 02:49:13","date_modified":"2026-08-02 12:33:16","permalink":{"id":1445313,"object_type":"structure","relational_id":51809,"identifier":"64","token":"38.2\/64","url":"\/38.2\/64\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":362951,"structure_id":51809,"section_number":"38.2-6400","catch_line":"Definitions","url":"\/38.2-6400\/","token":"38.2\/64\/38.2-6400","metadata":false},{"id":362952,"structure_id":51809,"section_number":"38.2-6401","catch_line":"Requirements for offering guaranteed asset protection waivers","url":"\/38.2-6401\/","token":"38.2\/64\/38.2-6401","metadata":false},{"id":362953,"structure_id":51809,"section_number":"38.2-6402","catch_line":"Contractual liability or other insurance policies","url":"\/38.2-6402\/","token":"38.2\/64\/38.2-6402","metadata":false},{"id":362954,"structure_id":51809,"section_number":"38.2-6403","catch_line":"Disclosures","url":"\/38.2-6403\/","token":"38.2\/64\/38.2-6403","metadata":false},{"id":362955,"structure_id":51809,"section_number":"38.2-6404","catch_line":"Cancellation","url":"\/38.2-6404\/","token":"38.2\/64\/38.2-6404","metadata":false},{"id":362956,"structure_id":51809,"section_number":"38.2-6405","catch_line":"Commercial transactions","url":"\/38.2-6405\/","token":"38.2\/64\/38.2-6405","metadata":false},{"id":362957,"structure_id":51809,"section_number":"38.2-6406","catch_line":"GAP waivers not insurance","url":"\/38.2-6406\/","token":"38.2\/64\/38.2-6406","metadata":false},{"id":362958,"structure_id":51809,"section_number":"38.2-6407","catch_line":"Exemptions from chapter","url":"\/38.2-6407\/","token":"38.2\/64\/38.2-6407","metadata":false}],"previous_section":{"id":362955,"structure_id":51809,"section_number":"38.2-6404","catch_line":"Cancellation","url":"\/38.2-6404\/","token":"38.2\/64\/38.2-6404","metadata":false},"next_section":{"id":362957,"structure_id":51809,"section_number":"38.2-6406","catch_line":"GAP waivers not insurance","url":"\/38.2-6406\/","token":"38.2\/64\/38.2-6406","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-6405\/","history_text":"<p>This law was first created in 2019. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0799\">799<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0800\">800<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":362952,"section_number":"38.2-6401","catch_line":"Requirements for offering guaranteed asset protection waivers","order_by":null,"url":"\/38.2-6401\/"},{"id":362954,"section_number":"38.2-6403","catch_line":"Disclosures","order_by":null,"url":"\/38.2-6403\/"}],"permalink":{"id":1445335,"object_type":"law","relational_id":362956,"identifier":"38.2-6405","token":"38.2\/64\/38.2-6405","url":"\/38.2-6405\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-6405\/","token":"38.2\/64\/38.2-6405","dublin_core":{"Title":"Commercial transactions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-6405","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Subsection C of \u00a7&nbsp;<a class=\"law\" title=\"Requirements for offering guaranteed asset protection waivers\" href=\"\/38.2-6401\/\">38.2-6401<\/a> and \u00a7&nbsp;<a class=\"law\" title=\"Disclosures\" href=\"\/38.2-6403\/\">38.2-6403<\/a> do not apply to a <span class=\"dictionary\">guaranteed asset protection waiver<\/span> offered in connection with a lease or retail installment sale associated with a <span class=\"dictionary\">commercial transaction<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCOMMERCIAL TRANSACTIONS (\u00a7 38.2-6405)\n\nSubsection C of \u00a7 38.2-6401 and \u00a7 38.2-6403 do not apply to a guaranteed asset\nprotection waiver offered in connection with a lease or retail installment sale\nassociated with a commercial transaction.\n\nHISTORY: 2019, cc. 799, 800.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}