2018 Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 18 - Payday Lenders
§ 6.2-1826. Validity of noncompliant loan agreement; private right of action

Universal Citation: VA Code § 6.2-1826 (2018)

A. If any provision of a written loan agreement violates this chapter, such provision shall be unenforceable against the borrower.

B. Any person who suffers loss by reason of a violation of any provision of this chapter may bring a civil action to enforce such provision. Any person who is successful in such action shall recover reasonable attorney fees, expert witness fees, and court costs incurred by bringing such action.

2002, c. 897, ยง 6.1-469; 2008, cc. 849, 876; 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.