2006 Code of Virginia § 6.1-248 - Effect of amendment of chapter on preexisting contracts

6.1-248. Effect of amendment of chapter on preexisting contracts.

This chapter or any part of it may be modified, amended, or repealed so as toeffect a cancellation or alteration of any license or right of a licenseethereunder provided that the cancellation or alteration shall not impair oraffect the obligation of any preexisting lawful contract between any licenseeand any borrower.

(Code 1950, 6-278; 1966, c. 584.)

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