                                 CODE OF VIRGINIA

WHEN ACCELERATION OF PAYMENT OR REPOSSESSION OF CONSUMER GOODS NOT ALLOWED (§
11-4.3)

Notwithstanding any provisions in a contract, other evidence of indebtedness or
security agreement arising from a sale or financing of consumer goods as defined
in § 8.9A-102 of this Code, no acceleration of payment or repossession on
account of late payment or nonpayment of an installment shall be permitted if
payment, together with any late payment penalty permitted under § 6.2-400, is
made within ten days of the date on which the installment was due.

HISTORY: 1974, c. 572.