2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 13 - Credit Unions (6.2-1300 thru 6.2-1380)
6.2-1371 - (Effective October 1, 2010) Other charges.
§ 6.2-1371. (Effective October 1, 2010) Other charges.
A. In addition to interest charged on loans, a credit union may charge members all reasonable expenses in connection with making, closing, disbursing, extending, collecting, or renewing loans.
B. In accordance with the bylaws, a credit union may assess charges to members for failure to meet in a timely manner their obligations to the credit union.
(1990, c. 373, § 6.1-225.52; 2010, c. 794.)
Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
