Code of Virginia
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В§ 6.2-1800. (Effective until 1, 2021) Definitions january.
As found in this chapter, unless the context calls for a meaning that is different
“check always” means a draft drawn in the account of a person at a depository institution.
“Depository organization” means a bank, cost savings organization, or credit union.
“Licensee” means an individual to whom a permit happens to be given under this chapter.
“cash advance” means a little, short-maturity loan regarding the safety of (i) a check, (ii) any style of project of a pursuit into the account of a person at a depository institution, or (iii) any style of project of earnings payable to a person, aside from loans predicated on tax refunds.
“Principal” means any individual who, straight or indirectly, owns or settings (i) 10 percent or maybe more associated with outstanding stock of the stock firm or (ii) a 10 % or greater curiosity about a nonstock business or perhaps a restricted obligation business.
В§ 6.2-1800. (Effective 1, 2021) Definitions january.
As utilized in this chapter, unless the context takes a various meaning:
“Affiliate” means an individual associated with a licensee by typical ownership or control, or any worker or representative of the licensee.
“Annual portion rate” has got the exact exact same meaning as with the federal Truth in Lending Act (15 U.S.C. В§ 1601 et seq.) and its own implementing regulations, while they might be amended every once in awhile. 继续阅读“Virginia Law. Fun Factual Statements About Atlanta: How To Atl Like A Nearby”