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2018 Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 3 - Interest and Usury
Article 1. Definitions
Article 2. Legal, Judgment, and Contract Rates of Interest
- § 6.2-301. Legal rate of interest; when legal rate implied
- § 6.2-302. Judgment rate of interest
- § 6.2-303. Contracts for more than legal rate of interest
Article 3. Usury
- § 6.2-304. Plea of usury; judgment
- § 6.2-305. Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation
- § 6.2-306. Waiver of rights violative of public policy
- § 6.2-307. Assertion of defenses or claims by borrowers; effect of assignment
- § 6.2-308. Entities not permitted to plead usury
Article 4. Loans Exempt from Limit on Contract Rate of Interest
- § 6.2-309. Charges by banks and savings institutions on installment loans
- § 6.2-310. Rate of interest chargeable by state banks and savings institutions
- § 6.2-311. Closed-end installment loans by sellers of goods or services
- § 6.2-312. Open-end credit plans
- § 6.2-313. Open-end credit extended by banks or savings institutions
- § 6.2-314. Motor vehicle purchase loans by subsidiaries and affiliates of banks and savings institutions
- § 6.2-315. Loans by certain financial institutions or brokers payable on demand or having a term up to one year
- § 6.2-316. Loans of $5,000 or more made by certain financial institutions
- § 6.2-317. Loans of $5,000 or more for business or investment purposes
- § 6.2-318. Loans by credit unions
- § 6.2-319. Loans by pension plans to participants
- § 6.2-320. Loans by industrial loan associations
- § 6.2-321. Loans pursuant to stock option financing programs
- § 6.2-322. Extensions of credit on pledged securities
- § 6.2-323. Educational loans by banks or savings institutions
- § 6.2-324. Educational loans by private institution of higher education
- § 6.2-325. Certain loans secured by first deed of trust or mortgage
- § 6.2-326. Fees and charges in connection with loans by real estate lenders
- § 6.2-327. Certain loans secured by a subordinate deed of trust or mortgage
- § 6.2-328. Charges allowed on loan secured by subordinate mortgage
- § 6.2-329. Loans insured or guaranteed by certain governmental agencies
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