Code of Virginia § 6.2-309. Charges by banks and savings institutions on installment loans.
65 words·~1 min read·
/va/title-6-2/chapter-3/6-2-309·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any statutory or case law, a bank or savings institution making a loan payable in installments may impose finance charges and other charges and fees at such rates and in such amounts and manner as the borrower has agreed.
1987, c. 622, § 6.1-330.60; 1996, c. 242 ; 1997, c. 128 ; 1999, c. 610 ; 2001, c. 743 ; 2010, c. 794 .