Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-439 Prohibited practices
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§ 6.1-439. Prohibited practices
No person required to be registered under this chapter shall:
1. Engage in the business of making loans of credit, goods, or things; or
discounting notes, bills of exchange, items, or other evidences of debt; or
accepting deposits or bailments of money or items without meeting the
requirements of the laws of the Commonwealth;
2. Cash post-dated items, other than government or payroll checks;
3. Use, or cause to be published or disseminated, any advertisement or
communication that (i) contains any false, misleading or deceptive statement
or representation or (ii) identifies the person by any name other than the
name set forth on the registration;
4. Engage in unfair, deceptive or fraudulent practices; or
5. Make loans unless such person is licensed under, and the loans are made in
accordance with, Chapter 18 (§ 6.1-444 et seq.) of this title.
(1995, c. 221; 2002, c. 897.)
Sections: 6.1-432 6.1-433 6.1-434 6.1-435 6.1-436 6.1-437 6.1-438 6.1-439 6.1-440 6.1-441 6.1-442 6.1-443
Last modified: April 16, 2009
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