Code of Virginia - Title 6.1 Banking And Finance - Chapter 20 Refund Anticipation Loans

• 6.1-474 Definitions
  As used in this chapter, unless the context requires a different meaning: "Applicant" means a customer who applies for a refund anticipation loan through a ...
• 6.1-475 Advertising and disclosures.
  A. Any facilitator who advertises the availability of a refund anticipation loan shall not directly or indirectly represent the loan as a customer's actual refund. ...
• 6.1-476 Prohibited activities.
  A. Any facilitator who offers to facilitate, or who facilitates, a refund anticipation loan shall not engage in any of the following activities: 1. Requiring ...
• 6.1-477 Right of rescission.
  A borrower who obtains a refund anticipation loan may rescind the loan, on or before the close of business on the next day of business, ...
• 6.1-478 Preemption of local laws.
  This chapter shall preempt and be exclusive of all local acts, statutes, ordinances, and regulations relating to refund anticipation loans. This subsection shall be given ...
• 6.1-479 Civil penalties.
  Any violation of the provisions of this chapter shall constitute a prohibited practice under the provisions of § 59.1-200 and shall be subject to any ...

Last modified: April 2, 2009