{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-307.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-307.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-307.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-307.html"}],"law_id":57733,"edition_id":1,"section_id":57733,"structure_id":13815,"section_number":"6.2-307","catch_line":"Assertion of defenses or claims by borrowers; effect of assignment","history":"1987, c. 622, \u00a7 6.1-330.59; 2010, c. 794.","full_text":"As to any loan to which the provisions of \u00a7\u00a7 6.2-327 and 6.2-328 are applicable, the borrower may assert any defense or claim he may have under \u00a7\u00a7 6.2-304 and 6.2-305 against any assignee or transferee of the contract of indebtedness.","order_by":null,"text":{"0":{"id":211475,"text":"As to any loan to which the provisions of \u00a7\u00a7 6.2-327 and 6.2-328 are applicable, the borrower may assert any defense or claim he may have under \u00a7\u00a7 6.2-304 and 6.2-305 against any assignee or transferee of the contract of indebtedness.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13815,"edition_id":1,"name":"Usury","identifier":"3","label":"article","depth":4,"order_by":1,"parent_id":13814,"metadata":{},"date_created":"2026-06-26 03:45:57","date_modified":"2026-06-26 03:45:57","permalink":{"id":263355,"object_type":"structure","relational_id":13815,"identifier":"3","token":"6.2\/I\/3\/3","url":"\/6.2\/I\/3\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13814,"edition_id":1,"name":"Interest and Usury","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":12853,"metadata":{},"date_created":"2026-06-26 03:45:57","date_modified":"2026-06-26 03:45:57","permalink":{"id":263333,"object_type":"structure","relational_id":13814,"identifier":"3","token":"6.2\/I\/3","url":"\/6.2\/I\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12853,"edition_id":1,"name":"General Provisions","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263251,"object_type":"structure","relational_id":12853,"identifier":"I","token":"6.2\/I","url":"\/6.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":54820,"structure_id":13815,"section_number":"6.2-304","catch_line":"Plea of usury; judgment","url":"\/6.2-304\/","token":"6.2\/I\/3\/3\/6.2-304","metadata":false},{"id":87142,"structure_id":13815,"section_number":"6.2-305","catch_line":"Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation","url":"\/6.2-305\/","token":"6.2\/I\/3\/3\/6.2-305","metadata":false},{"id":67369,"structure_id":13815,"section_number":"6.2-306","catch_line":"Waiver of rights violative of public policy","url":"\/6.2-306\/","token":"6.2\/I\/3\/3\/6.2-306","metadata":false},{"id":57733,"structure_id":13815,"section_number":"6.2-307","catch_line":"Assertion of defenses or claims by borrowers; effect of assignment","url":"\/6.2-307\/","token":"6.2\/I\/3\/3\/6.2-307","metadata":false},{"id":77492,"structure_id":13815,"section_number":"6.2-308","catch_line":"Entities not permitted to plead usury","url":"\/6.2-308\/","token":"6.2\/I\/3\/3\/6.2-308","metadata":false}],"previous_section":{"id":67369,"structure_id":13815,"section_number":"6.2-306","catch_line":"Waiver of rights violative of public policy","url":"\/6.2-306\/","token":"6.2\/I\/3\/3\/6.2-306","metadata":false},"next_section":{"id":77492,"structure_id":13815,"section_number":"6.2-308","catch_line":"Entities not permitted to plead usury","url":"\/6.2-308\/","token":"6.2\/I\/3\/3\/6.2-308","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-307\/","history_text":"

This law was first created in 1987. The record of its establishment is cataloged in chapter 622 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 1987 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":[{"id":54820,"section_number":"6.2-304","catch_line":"Plea of usury; judgment","order_by":null,"url":"\/6.2-304\/"},{"id":87142,"section_number":"6.2-305","catch_line":"Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation","order_by":null,"url":"\/6.2-305\/"},{"id":66025,"section_number":"6.2-327","catch_line":"Certain loans secured by a subordinate deed of trust or mortgage","order_by":null,"url":"\/6.2-327\/"},{"id":55296,"section_number":"6.2-328","catch_line":"Charges allowed on loan secured by subordinate mortgage","order_by":null,"url":"\/6.2-328\/"}],"permalink":{"id":263369,"object_type":"law","relational_id":57733,"identifier":"6.2-307","token":"6.2\/I\/3\/3\/6.2-307","url":"\/6.2-307\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-307\/","token":"6.2\/I\/3\/3\/6.2-307","dublin_core":{"Title":"Assertion of defenses or claims by borrowers; effect of assignment","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-307","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

As to any loan<\/span> to which the provisions of \u00a7\u00a7 6.2-327<\/a> and 6.2-328<\/a> are applicable, the borrower may assert any defense or claim he may have under \u00a7\u00a7 6.2-304<\/a> and 6.2-305<\/a> against any assignee or transferee of the contract<\/span> of indebtedness.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nASSERTION OF DEFENSES OR CLAIMS BY BORROWERS; EFFECT OF ASSIGNMENT (\u00a7 6.2-307)\n\nAs to any loan to which the provisions of \u00a7\u00a7 6.2-327 and 6.2-328 are\napplicable, the borrower may assert any defense or claim he may have under \u00a7\u00a7\n6.2-304 and 6.2-305 against any assignee or transferee of the contract of\nindebtedness.\n\nHISTORY: 1987, c. 622, \u00a7 6.1-330.59; 2010, c. 794.","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}}