Virginia Statutes
§ 6.2-323 — Educational loans by banks or savings institutions
Virginia § 6.2-323
JurisdictionVirginia
Title 6.2FINANCIAL INSTITUTIONS AND SERVICES
Subtitle IGENERAL PROVISIONS
Ch. 3INTEREST AND USURY
Art. 4LOANS EXEMPT FROM LIMIT ON CONTRACT RATE OF INTEREST
This text of Virginia § 6.2-323 (Educational loans by banks or savings institutions) 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. § 6.2-323 (2026).
Text
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1987, c. 622, § 6.1-330.60; 1996, c. 242; 1997, c. 128; 1999, c. 610; 2001, c. 743; 2010, c. 794.
Nearby Sections
15
§ 6.2-100
Definitions§ 6.2-1000
Definitions§ 6.2-1002
Powers of trust institutions§ 6.2-1005
Deposit or other use of trust funds§ 6.2-1007
Investment of trust funds§ 6.2-1008
Dealings with self or affiliates§ 6.2-101
Confidentiality of informationCite This Page — Counsel Stack
Bluebook (online)
Virginia § 6.2-323, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/6.2/6.2-323.