There is a newer version of the Code of Virginia
2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 5 - Equal Credit Opportunities (6.2-500 thru 6.2-513)
6.2-502 - (Effective October 1, 2010) Notification of action on credit application.
§ 6.2-502. (Effective October 1, 2010) Notification of action on credit application.
Within 30 days, or such longer reasonable time as specified in regulations of the Commission for any class of credit transaction, after receipt of a completed application for credit, a creditor shall notify the applicant of its action on the application.
(1977, c. 589, § 59.1-21.21:1; 2002, c. 747; 2010, c. 794.)
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