Va. Code § 6.2-323

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

Section 6.2-323 - Educational loans by banks or savings institutions

Notwithstanding any statutory or case law relating to interest or usury, including the deferral and capitalization of interest, any loan made by a bank or savings institution to defray educational expenses, including tuition, fees, books, supplies, room, board, and personal expenses, shall be lawfully enforced as agreed in the contract of indebtedness.

Va. Code § 6.2-323

1987, c. 622, § 6.1-330.60; 1996, c. 242; 1997, c. 128; 1999, c. 610; 2001, c. 743; 2010, c. 794.

Amended by Acts 2010, § c. 794.

Amended by Acts 2001, § c. 743.

Amended by Acts 1999, § c. 610.

Amended by Acts 1997, § c. 128.

Amended by Acts 1996, § c. 242.

Amended by Acts 1987, § c. 622, § 6.1-330.60.