Chapter 14: Industrial Loan Associations

This chapter is comprised of the following sections:

§6.2-1400 Definitions
§6.2-1401 Powers of associations
§6.2-1402 Use of certain words in name prohibited
§6.2-1403 Directors
§6.2-1404 Commission may regulate issuance of evidences of debt
§6.2-1405 Extent to which associations regarded as banks; conversion of certain associations to banks; new associations not authorized
§6.2-1406 Sale of certificates of investment by certain associations prohibited
§6.2-1407 Prohibitions on associations with certificates issued and outstanding; advertisements
§6.2-1408 Associations to have one office; how office moved
§6.2-1409 Prepayment by borrower from association; rebates for unearned interest; prepayment penalty
§6.2-1410 Amount of loan
§6.2-1411 Retention of books, accounts, and records
§6.2-1412 Annual report
§6.2-1413 Investigations; examinations
§6.2-1414 Annual fees
§6.2-1415 Regulations
§6.2-1416 Prohibited practices
§6.2-1417 Escrow accounts
§6.2-1418 Suspension or revocation of authority
§6.2-1419 Cease and desist orders
§6.2-1420 Notice of proposed suspension or revocation
§6.2-1421 Civil penalties
