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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>373943</law_id><section_number>6.2-1802</section_number><catch_line>Applicability</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="10" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="3" identifier="III">Other Regulated Providers of Financial Services</unit><unit label="chapter" level="3" order_by="4" identifier="18">Short-term Loans</unit></structure><text>
						<section><p>The provisions of this chapter shall not apply to any <span class="dictionary">depository institution</span> that does not elect to become licensed under this chapter. Electing to become licensed under this chapter shall constitute a <span class="dictionary">waiver</span> of the benefit of any and all <span class="dictionary">laws</span> of the Commonwealth and other states and federal <span class="dictionary">laws</span> preemptive of, or inconsistent with, the provisions of this chapter.</p></section></text><history>2002, c. 897, &#xA7; 6.1-446; 2010, c. 794.</history><metadata><court_decisions></court_decisions></metadata></law>
