Code of Virginia § 6.2-1826. Validity of noncompliant loan agreement; private right of action.
86 words·~1 min read·
/va/title-6-2/chapter-18/6-2-1826A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. If any provision of a written loan agreement violates this chapter, such provision shall be unenforceable against the borrower.
B. Any person who suffers loss by reason of a violation of any provision of this chapter may bring a civil action to enforce such provision. Any person who is successful in such action shall recover reasonable attorney fees, expert witness fees, and court costs incurred by bringing such action.
2002, c. 897 , § 6.1-469; 2008, cc. 849 , 876 ; 2010, c. 794 .