Interest and Usury

  1. Law
  2. Code of Virginia
  3. Financial Institutions and Services
  4. Interest and Usury

Checkout our iOS App for a better way to browser and research.

Section
6.2-300

Definitions

Section
6.2-301

Legal rate of interest; when legal rate implied

Section
6.2-302

Judgment rate of interest

Section
6.2-303

Contracts for more than legal rate of interest

Section
6.2-304

Plea of usury; judgment

Section
6.2-305

Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation

Section
6.2-306

Waiver of rights violative of public policy

Section
6.2-307

Assertion of defenses or claims by borrowers; effect of assignment

Section
6.2-308

Entities not permitted to plead usury

Section
6.2-309

Charges by banks and savings institutions on installment loans

Section
6.2-310

Rate of interest chargeable by state banks and savings institutions

Section
6.2-311

Closed-end installment loans by sellers of goods or services

Section
6.2-312

Open-end credit plans

Section
6.2-313

Open-end credit extended by banks or savings institutions

Section
6.2-314

Motor vehicle purchase loans by subsidiaries and affiliates of banks and savings institutions

Section
6.2-315

Loans by certain financial institutions or brokers payable on demand or having a term up to one year

Section
6.2-316

Loans of $5,000 or more made by certain financial institutions

Section
6.2-317

Loans of $5,000 or more for business or investment purposes

Section
6.2-318

Loans by credit unions

Section
6.2-319

Loans by pension plans to participants

Section
6.2-320

Loans by industrial loan associations

Section
6.2-321

Loans pursuant to stock option financing programs

Section
6.2-322

Extensions of credit on pledged securities

Section
6.2-323

Educational loans by banks or savings institutions

Section
6.2-324

Educational loans by private institution of higher education

Section
6.2-325

Certain loans secured by first deed of trust or mortgage

Section
6.2-326

Fees and charges in connection with loans by real estate lenders

Section
6.2-327

Certain loans secured by a subordinate deed of trust or mortgage

Section
6.2-328

Charges allowed on loan secured by subordinate mortgage

Section
6.2-329

Loans insured or guaranteed by certain governmental agencies