Virginia Decodedhttps://vacode.org800256.2-435Law governing open-end credit contract or plan by seller or lender2025Financial Institutions and ServicesGeneral ProvisionsCertain Lending PracticesOpen-End Credit Plans

An open-end credit plan as defined in § 6.2-300, between a seller or lender and an obligor shall be governed solely by federal law and by the laws of the Commonwealth.

1987, cc. 622, 639, 714, § 6.1-330.78; 1992, Sp. Sess., c. 4; 1997, c. 112; 2009, cc. 784, 860; 2010, c. 794; 2020, cc. 1215, 1258.