Virginia Decodedhttps://vacode.org809876.2-316Loans of $5,000 or more made by certain financial institutions2025Financial Institutions and ServicesGeneral ProvisionsInterest and UsuryLoans Exempt From Limit on Contract Rate of Interest

No person shall, by way of defense or otherwise, avail himself of the provisions of this chapter or any other section relating to usury to avoid or defeat the payment of interest, or any other sum, upon a loan made to a person by a bank, savings institution, industrial loan association, or credit union, if the initial principal amount of the loan is $5,000 or more.

1987, c. 622, § 6.1-330.61; 2010, c. 794.