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2018 Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 25 - Refund Anticipation Loans
§ 6.2-2502. Prohibited activities
Universal Citation: VA Code § 6.2-2502 (2018)
Any facilitator who offers to facilitate, or who facilitates, a refund anticipation loan shall not:
1. Require a customer to enter into a loan arrangement in order to complete a tax return;
2. Misrepresent a material factor or condition of a refund anticipation loan;
3. Fail to process the application for a refund anticipation loan promptly after an applicant applies for the loan; or
4. Engage in any transaction, practice, or course of business that operates a fraud upon any person in connection with a refund anticipation loan.
2006, c. 399, ยง 6.1-476; 2010, c. 794.
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