Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-330.48 Applicability of certain sections

§ 6.1-330.48. Applicability of certain sections

Sections 6.1-330.16, 6.1-330.24, 6.1-330.31 and 6.1-330.47 shall not apply to loans made by any lender licensed by, and under the supervision of, the State Corporation Commission or the federal government nor to loans made by state and national banks, state and federal savings institutions and state and federal credit unions. Sections 6.1-330.16, 6.1-330.24, 6.1-330.31 and 6.1-330.47 shall not apply to a seller in a real estate sales transaction who takes a subordinate mortgage on such real estate.

(1975, c. 448; 1996, c. 16.)

Sections:  Previous  6.1-330.6  6.1-330.45  6.1-330.47  6.1-330.47:1  6.1-330.48

Last modified: April 16, 2009