{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-2001.5.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-2001.5.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-2001.5.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-2001.5.html"}],"law_id":81485,"edition_id":1,"section_id":81485,"structure_id":14487,"section_number":"2.2-2001.5","catch_line":"Assignment of right to receive veterans’ benefits","history":"2020, c. 438.","full_text":"A\n\nAs used in this section:\n\t\t\t“Assignment of right to receive veterans’ benefits” means any financial transaction in which a person provides a cash payment to a veteran in consideration for the veteran’s assignment of his right to receive future pension or retirement benefits, without regard to whether the transaction is characterized or structured as a loan, assignment, loan secured by assignment, pledge, or other arrangement.\n\t\t\t“Pension or retirement benefits” means any periodic benefit payable to a veteran by an agency of the federal government on account of the veteran’s service in the Armed Forces of the United States, including any military retirement, pension, or disability benefit payments.B\n\nNo person shall advertise, arrange, offer, or enter into any assignment of right to receive veterans’ benefits if such assignment of right to receive veterans’ benefits is prohibited or void under the provisions of 37 U.S.C. § 701 or 38 U.S.C. § 5301(a).C\n\nA violation of this section constitutes a prohibited practice under the provisions of § 59.1-200 and shall be subject to any and all of the enforcement provisions of the Virginia Consumer Protection Act (§ 59.1-196 et seq.).","order_by":null,"text":{"0":{"id":291945,"text":"As used in this section:\n\t\t\t“Assignment of right to receive veterans’ benefits” means any financial transaction in which a person provides a cash payment to a veteran in consideration for the veteran’s assignment of his right to receive future pension or retirement benefits, without regard to whether the transaction is characterized or structured as a loan, assignment, loan secured by assignment, pledge, or other arrangement.\n\t\t\t“Pension or retirement benefits” means any periodic benefit payable to a veteran by an agency of the federal government on account of the veteran’s service in the Armed Forces of the United States, including any military retirement, pension, or disability benefit payments.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":291946,"text":"No person shall advertise, arrange, offer, or enter into any assignment of right to receive veterans’ benefits if such assignment of right to receive veterans’ benefits is prohibited or void under the provisions of 37 U.S.C. § 701 or 38 U.S.C. § 5301(a).","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":291947,"text":"A violation of this section constitutes a prohibited practice under the provisions of § 59.1-200 and shall be subject to any and all of the enforcement provisions of the Virginia Consumer Protection Act (§ 59.1-196 et seq.).","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":14487,"edition_id":1,"name":"Department of Veterans Services","identifier":"20","label":"chapter","depth":4,"order_by":1,"parent_id":13092,"metadata":{},"date_created":"2026-06-26 03:48:19","date_modified":"2026-06-26 03:48:19","permalink":{"id":173365,"object_type":"structure","relational_id":14487,"identifier":"20","token":"2.2\/I\/C\/20","url":"\/2.2\/I\/C\/20\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13092,"edition_id":1,"name":"State Agencies 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This law was first created in 2020. The record of its establishment is cataloged in chapter 438<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":82977,"section_number":"59.1-200","catch_line":"Prohibited practices","order_by":null,"url":"\/59.1-200\/"}],"refers_to":[{"id":56198,"section_number":"59.1-196","catch_line":"Title","order_by":null,"url":"\/59.1-196\/"},{"id":82977,"section_number":"59.1-200","catch_line":"Prohibited practices","order_by":null,"url":"\/59.1-200\/"}],"permalink":{"id":173395,"object_type":"law","relational_id":81485,"identifier":"2.2-2001.5","token":"2.2\/I\/C\/20\/2.2-2001.5","url":"\/2.2-2001.5\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-2001.5\/","token":"2.2\/I\/C\/20\/2.2-2001.5","dublin_core":{"Title":"Assignment of right to receive veterans’ benefits","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-2001.5","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> As used in this section:\n\t\t\t“Assignment of right to receive veterans<\/span>’ benefits” means any financial transaction in which a person provides a cash payment to a veteran<\/span> in consideration for the veteran<\/span>’s assignment of his right to receive future pension or retirement benefits<\/span>, without regard to whether the transaction is characterized or structured as a loan, assignment, loan secured by assignment, pledge, or other arrangement.\n\t\t\t“Pension or retirement benefits<\/span>” means any periodic benefit payable to a veteran<\/span> by an agency of the federal government on account of the veteran<\/span>’s service in the Armed Forces of the United States, including any military retirement, pension, or disability benefit payments. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> No person shall advertise, arrange, offer, or enter into any assignment of right to receive veterans<\/span>’ benefits if such assignment of right to receive veterans<\/span>’ benefits is prohibited or void under the provisions of 37 U.S.C. § 701 or 38 U.S.C. § 5301(a). <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A violation of this section constitutes a prohibited practice under the provisions of § 59.1-200<\/a> and shall be subject to any and all of the enforcement provisions of the Virginia Consumer Protection Act (§ 59.1-196<\/a> et seq.). <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nASSIGNMENT OF RIGHT TO RECEIVE VETERANS’ BENEFITS (\u00a7 2.2-2001.5)\n\nA. As used in this section:\n\t\t\t“Assignment of right to receive veterans’ benefits” means\nany financial transaction in which a person provides a cash payment to a veteran\nin consideration for the veteran’s assignment of his right to receive\nfuture pension or retirement benefits, without regard to whether the transaction\nis characterized or structured as a loan, assignment, loan secured by\nassignment, pledge, or other arrangement.\n\t\t\t“Pension or retirement benefits” means any periodic benefit\npayable to a veteran by an agency of the federal government on account of the\nveteran’s service in the Armed Forces of the United States, including any\nmilitary retirement, pension, or disability benefit payments.\n\nB. No person shall advertise, arrange, offer, or enter into any assignment of\nright to receive veterans’ benefits if such assignment of right to receive\nveterans’ benefits is prohibited or void under the provisions of 37 U.S.C.\n§ 701 or 38 U.S.C. § 5301(a).\n\nC. A violation of this section constitutes a prohibited practice under the\nprovisions of § 59.1-200 and shall be subject to any and all of the\nenforcement provisions of the Virginia Consumer Protection Act (§ 59.1-196\net seq.).\n\nHISTORY: 2020, c. 438.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}