{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-207.26.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-207.26.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-207.26.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-207.26.html"}],"law_id":86489,"edition_id":1,"section_id":86489,"structure_id":15621,"section_number":"59.1-207.26","catch_line":"Advertising","history":"1988, c. 24.","full_text":"A\n\nIf an advertisement for a lease-purchase agreement refers to or states the dollar amount of any payment and the right to acquire ownership for any one specific item, the advertisement shall also clearly and conspicuously state the following items, as applicable:1\n\nThat the transaction advertised is a lease-purchase agreement;2\n\nThe total of payments necessary to acquire ownership; and3\n\nThat the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid.B\n\nAny owner or personnel of any medium in which an advertisement appears or through which it is disseminated shall not be liable under this section.C\n\nThe provisions of subsection A of this section shall not apply to an advertisement which does not refer to or state the amount of any payment, or which is published in the yellow pages of a telephone directory or in any similar directory of business.","order_by":null,"text":{"0":{"id":309806,"text":"If an advertisement for a lease-purchase agreement refers to or states the dollar amount of any payment and the right to acquire ownership for any one specific item, the advertisement shall also clearly and conspicuously state the following items, as applicable:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":309807,"text":"That the transaction advertised is a lease-purchase agreement;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":309808,"text":"The total of payments necessary to acquire ownership; and","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":309809,"text":"That the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"B"},"4":{"id":309810,"text":"Any owner or personnel of any medium in which an advertisement appears or through which it is disseminated shall not be liable under this section.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A3","next_prefix":"C"},"5":{"id":309811,"text":"The provisions of subsection A of this section shall not apply to an advertisement which does not refer to or state the amount of any payment, or which is published in the yellow pages of a telephone directory or in any similar directory of business.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":15621,"edition_id":1,"name":"Virginia Lease-Purchase Agreement Act","identifier":"17.4","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:57:00","date_modified":"2026-06-26 03:57:00","permalink":{"id":259915,"object_type":"structure","relational_id":15621,"identifier":"17.4","token":"59.1\/17.4","url":"\/59.1\/17.4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":59658,"structure_id":15621,"section_number":"59.1-207.17","catch_line":"Title","url":"\/59.1-207.17\/","token":"59.1\/17.4\/59.1-207.17","metadata":false},{"id":61779,"structure_id":15621,"section_number":"59.1-207.18","catch_line":"Definitions","url":"\/59.1-207.18\/","token":"59.1\/17.4\/59.1-207.18","metadata":false},{"id":70275,"structure_id":15621,"section_number":"59.1-207.19","catch_line":"Inapplicability of other laws; exempted transactions","url":"\/59.1-207.19\/","token":"59.1\/17.4\/59.1-207.19","metadata":false},{"id":81577,"structure_id":15621,"section_number":"59.1-207.20","catch_line":"General requirements of disclosure","url":"\/59.1-207.20\/","token":"59.1\/17.4\/59.1-207.20","metadata":false},{"id":77057,"structure_id":15621,"section_number":"59.1-207.21","catch_line":"Disclosures","url":"\/59.1-207.21\/","token":"59.1\/17.4\/59.1-207.21","metadata":false},{"id":62428,"structure_id":15621,"section_number":"59.1-207.22","catch_line":"Prohibited practices","url":"\/59.1-207.22\/","token":"59.1\/17.4\/59.1-207.22","metadata":false},{"id":60515,"structure_id":15621,"section_number":"59.1-207.23","catch_line":"Reinstatement","url":"\/59.1-207.23\/","token":"59.1\/17.4\/59.1-207.23","metadata":false},{"id":84991,"structure_id":15621,"section_number":"59.1-207.24","catch_line":"Receipts and accounts","url":"\/59.1-207.24\/","token":"59.1\/17.4\/59.1-207.24","metadata":false},{"id":64667,"structure_id":15621,"section_number":"59.1-207.25","catch_line":"Renegotiations and extensions","url":"\/59.1-207.25\/","token":"59.1\/17.4\/59.1-207.25","metadata":false},{"id":86489,"structure_id":15621,"section_number":"59.1-207.26","catch_line":"Advertising","url":"\/59.1-207.26\/","token":"59.1\/17.4\/59.1-207.26","metadata":false},{"id":68212,"structure_id":15621,"section_number":"59.1-207.27","catch_line":"Enforcement; penalties","url":"\/59.1-207.27\/","token":"59.1\/17.4\/59.1-207.27","metadata":false}],"previous_section":{"id":64667,"structure_id":15621,"section_number":"59.1-207.25","catch_line":"Renegotiations and extensions","url":"\/59.1-207.25\/","token":"59.1\/17.4\/59.1-207.25","metadata":false},"next_section":{"id":68212,"structure_id":15621,"section_number":"59.1-207.27","catch_line":"Enforcement; penalties","url":"\/59.1-207.27\/","token":"59.1\/17.4\/59.1-207.27","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-207.26\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 24 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. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":259953,"object_type":"law","relational_id":86489,"identifier":"59.1-207.26","token":"59.1\/17.4\/59.1-207.26","url":"\/59.1-207.26\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-207.26\/","token":"59.1\/17.4\/59.1-207.26","dublin_core":{"Title":"Advertising","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-207.26","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> If an advertisement<\/span> for a lease-purchase agreement<\/span> refers to or states the dollar amount of any payment and the right to acquire ownership for any one specific item, the advertisement<\/span> shall also clearly and conspicuously state the following items, as applicable: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> That the transaction advertised is a lease-purchase agreement<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> The total of payments necessary to acquire ownership; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> That the consumer<\/span> acquires no ownership rights if the total amount necessary to acquire ownership is not paid. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Any owner or personnel of any medium in which an advertisement<\/span> appears or through which it is disseminated shall not be liable under this section. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The provisions of subsection A of this section shall not apply to an advertisement<\/span> which does not refer to or state the amount of any payment, or which is published in the yellow pages of a telephone directory or in any similar directory of business. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nADVERTISING (\u00a7 59.1-207.26)\n\nA. If an advertisement for a lease-purchase agreement refers to or states the\ndollar amount of any payment and the right to acquire ownership for any one\nspecific item, the advertisement shall also clearly and conspicuously state the\nfollowing items, as applicable:\n\n 1. That the transaction advertised is a lease-purchase agreement;\n\n 2. The total of payments necessary to acquire ownership; and\n\n 3. That the consumer acquires no ownership rights if the total amount\n necessary to acquire ownership is not paid.\n\nB. Any owner or personnel of any medium in which an advertisement appears or\nthrough which it is disseminated shall not be liable under this section.\n\nC. The provisions of subsection A of this section shall not apply to an\nadvertisement which does not refer to or state the amount of any payment, or\nwhich is published in the yellow pages of a telephone directory or in any\nsimilar directory of business.\n\nHISTORY: 1988, c. 24.","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}}