Virginia § 11-4.3 When acceleration of payment or repossession of consumer goods not allowed

Virginia Statutes

§ 11-4.3 — When acceleration of payment or repossession of consumer goods not allowed

Virginia § 11-4.3

Title 11CONTRACTS

Ch. 1GENERAL PROVISIONS

This text of Virginia § 11-4.3 (When acceleration of payment or repossession of consumer goods not allowed) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 11-4.3 (2026).

Text

Notwithstanding any provisions in a contract, other evidence of indebtedness or security agreement arising from a sale or financing of consumer goods as defined in § 8.9A-102 of this Code, no acceleration of payment or repossession on account of late payment or nonpayment of an installment shall be permitted if payment, together with any late payment penalty permitted under § 6.2-400, is made within ten days of the date on which the installment was due.

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Notwithstanding any provisions in a contract, other evidence of indebtedness or security agreement arising from a sale or financing of consumer goods as defined in § 8.9A-102 of this Code, no acceleration of payment or repossession on account of late payment or nonpayment of an installment shall be permitted if payment, together with any late payment penalty permitted under § 6.2-400, is made within ten days of the date on which the installment was due.