Code of Virginia § 6.2-310. Rate of interest chargeable by state banks and savings institutions.
94 words·~1 min read·
/va/title-6-2/chapter-3/6-2-310·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In addition to the permissible interest rates and charges specifically granted to banks and savings institutions by this title, state banks and savings institutions may take, receive, reserve, and charge on any loan, any rate of interest, finance charge, or other loan charge permitted to any other lender under the laws of the Commonwealth, other than those rates or charges permitted to consumer finance companies under § 6.2-1520 .
1980, c. 336, § 6.1-5.3; 1981, c. 93, § 6.1-195.3:1; 1985, c. 425, § 6.1-194.6; 1987, c. 556; 1988, c. 2; 2010, c. 794 .