Va. Code § 6.2-2229

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

Section 6.2-2229 - Exemptions

The provisions of this chapter shall not apply to and shall not place any additional requirements or obligations upon any of the following:

1. A financial institution;

2. Any person, provider, or broker that enters into no more than five sales-based financing transactions with a recipient in a 12-month period; or

3. A single sales-based financing transaction in an amount over $500,000.

Va. Code § 6.2-2229

2022, c. 516.

Added by Acts 2022 c. 516,§ 1, eff. 7/1/2022.