Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-276 Limitation of interest after maturity of loan

§ 6.1-276. Limitation of interest after maturity of loan

For the period beginning six months after the date of maturity, as originally scheduled or as deferred in the event of deferment, of any loan contract under the provisions of this chapter, no further charges than interest at six per centum per annum shall be computed or collected from any party to the loan upon the unpaid balance of the loan.

(Code 1950, § 6-306; 1966, c. 584; 1968, c. 489.)

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Last modified: April 2, 2009