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Elizabeth. The fresh new conditions of the area will affect any person, if the person enjoys a workplace otherwise conducts business during the a place regarding Commonwealth.

F. People mortgage made in admission of this part is void, and no people should feel the to gather, discover, otherwise retain people principal, appeal, charges, or any other fees concerning the loan.

71; 1966, c. 584, §§ six.1-249, 6.1-251; 1968, c. 489; 1974, c. 371; 1986, c. 502; 1995, c. 2; 1998, c. 9; 2001, c. 308; 2002, c. 897; 2010, cc. 477, 794; 2020, cc. 1215, 1258.

A. No person conducting business in power of any legislation out-of this new Commonwealth or of your Us per finance companies, deals establishments, faith companies, building and you may mortgage connectivity, industrial financing connectivity, otherwise borrowing from the bank unions will be entitled to licensure not as much as that it chapter.

B. Absolutely nothing within subsection A or any other section of that it name will be construed to quit a subsidiary off a lender or savings establishment regarding getting a great licensee under so it chapter. (suite…)

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