Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 6.2-323: Educational loans by banks or savings institutions

Where this section sits in the code

Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES
Subtitle I. GENERAL PROVISIONS
Chapter 3. INTEREST AND USURY
Article 4. LOANS EXEMPT FROM LIMIT ON CONTRACT RATE OF INTEREST

Notwithstanding any statutory or case law relating to interest or usury, including the deferral and capitalization of interest, any loan made by a bank or savings institution to defray educational expenses, including tuition, fees, books, supplies, room, board, and personal expenses, shall be lawfully enforced as agreed in the contract of indebtedness.1987, c. 622, § 6.1-330.60; 1996, c. 242; 1997, c. 128; 1999, c. 610; 2001, c. 743; 2010, c. 794.

Collected 2026-09-04T15:12:34Z. Source file · JSON

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