Code of Virginia § 23.1-410. Student loan vendors.
82 words·~1 min read·
/va/title-23-1/chapter-4/23-1-410·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
2008, c. 624 , § 23-4.3:2; 2014, c. 484 ; 2016, c. 588 .