Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-330.79 Compliance with federal law

§ 6.1-330.79. Compliance with federal law

Every person subject to the provisions of 15 U.S.C. § 1601 et seq. and Regulation Z, Truth-in-Lending, promulgated by the Board of Governors of the Federal Reserve System shall comply with such statutes and regulations when offering or extending consumer credit as defined therein. A lender who fails to comply with this section shall not be subject to any liability or penalty beyond those imposed by such federal statutes and regulations.

(1987, c. 622.)

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Last modified: April 2, 2009