Va. Code § 55.1-907

Current with changes from the 2024 legislative session through ch. 845

Section 55.1-907 - Penalty

Any persons suffering losses due to the failure of the lender or the settlement agent to cause disbursement as required by this chapter shall be entitled to recover, in addition to other actual damages, double the amount of any interest collected in violation of § 55.1-902 plus reasonable attorney fees incurred in the collection of such damages and interest.

Va. Code § 55.1-907

1980, c. 730, § 6.1-2.15; 2010, c. 794, § 55-525.15; 2019, c. 712.

Added by Acts 2019 c. 712, § 1, eff. 10/1/2019.