Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-264 Effect of revocation, etc., on preexisting contracts

§ 6.1-264. Effect of revocation, etc., on preexisting contracts

No revocation, suspension, or surrender of any license shall impair or affect the obligation of any preexisting lawful contract between the licensee and any borrower.

(Code 1950, § 6-294; 1966, c. 584.)

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Last modified: April 2, 2009