{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-6407.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-6407.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-6407.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-6407.html"}],"law_id":362958,"edition_id":2,"section_id":362958,"structure_id":51809,"section_number":"38.2-6407","catch_line":"Exemptions from chapter","history":"2019, cc. 799, 800.","full_text":"This chapter does not apply to:\n\n1\n\nAny insurance policy offered by an insurer under the insurance laws of the Commonwealth; or\n\n2\n\nA debt cancellation or debt suspension contract offered (i) by a bank or credit union regulated pursuant to Title 6.2 or (ii) in compliance with 12 C.F.R. Part 37, 12 C.F.R. Part 721, or other federal law.\n\n","order_by":null,"text":{"0":{"id":1352336,"text":"This chapter does not apply to:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1352337,"text":"Any insurance policy offered by an insurer under the insurance laws of the Commonwealth; or","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1352338,"text":"A debt cancellation or debt suspension contract offered (i) by a bank or credit union regulated pursuant to Title 6.2 or (ii) in compliance with 12 C.F.R. Part 37, 12 C.F.R. Part 721, or other federal law.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1"}},"ancestry":[{"id":51809,"edition_id":2,"name":"Guaranteed Asset Protection Waivers","identifier":"64","label":"chapter","depth":2,"order_by":38,"parent_id":51644,"metadata":{"child_laws":8,"child_structures":0},"date_created":"2026-08-02 02:49:13","date_modified":"2026-08-02 12:33:16","permalink":{"id":1445313,"object_type":"structure","relational_id":51809,"identifier":"64","token":"38.2\/64","url":"\/38.2\/64\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":362951,"structure_id":51809,"section_number":"38.2-6400","catch_line":"Definitions","url":"\/38.2-6400\/","token":"38.2\/64\/38.2-6400","metadata":false},{"id":362952,"structure_id":51809,"section_number":"38.2-6401","catch_line":"Requirements for offering guaranteed asset protection waivers","url":"\/38.2-6401\/","token":"38.2\/64\/38.2-6401","metadata":false},{"id":362953,"structure_id":51809,"section_number":"38.2-6402","catch_line":"Contractual liability or other insurance policies","url":"\/38.2-6402\/","token":"38.2\/64\/38.2-6402","metadata":false},{"id":362954,"structure_id":51809,"section_number":"38.2-6403","catch_line":"Disclosures","url":"\/38.2-6403\/","token":"38.2\/64\/38.2-6403","metadata":false},{"id":362955,"structure_id":51809,"section_number":"38.2-6404","catch_line":"Cancellation","url":"\/38.2-6404\/","token":"38.2\/64\/38.2-6404","metadata":false},{"id":362956,"structure_id":51809,"section_number":"38.2-6405","catch_line":"Commercial transactions","url":"\/38.2-6405\/","token":"38.2\/64\/38.2-6405","metadata":false},{"id":362957,"structure_id":51809,"section_number":"38.2-6406","catch_line":"GAP waivers not insurance","url":"\/38.2-6406\/","token":"38.2\/64\/38.2-6406","metadata":false},{"id":362958,"structure_id":51809,"section_number":"38.2-6407","catch_line":"Exemptions from chapter","url":"\/38.2-6407\/","token":"38.2\/64\/38.2-6407","metadata":false}],"previous_section":{"id":362957,"structure_id":51809,"section_number":"38.2-6406","catch_line":"GAP waivers not insurance","url":"\/38.2-6406\/","token":"38.2\/64\/38.2-6406","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-6407\/","history_text":"<p>This law was first created in 2019. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0799\">799<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0800\">800<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1445343,"object_type":"law","relational_id":362958,"identifier":"38.2-6407","token":"38.2\/64\/38.2-6407","url":"\/38.2-6407\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-6407\/","token":"38.2\/64\/38.2-6407","dublin_core":{"Title":"Exemptions from chapter","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-6407","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>This chapter does not apply to:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> Any <span class=\"dictionary\">insurance<\/span> policy offered by an <span class=\"dictionary\">insurer<\/span> under the <span class=\"dictionary\">insurance<\/span> <span class=\"dictionary\">laws<\/span> of the Commonwealth; or <a id=\"paragraph-1352337\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-6407\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> A debt cancellation or debt suspension <span class=\"dictionary\">contract<\/span> offered (i) by a bank or credit union regulated pursuant to Title 6.2 or (ii) in compliance with 12 C.F.R. Part 37, 12 C.F.R. Part 721, or other federal <span class=\"dictionary\">law<\/span>. <a id=\"paragraph-1352338\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-6407\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXEMPTIONS FROM CHAPTER (\u00a7 38.2-6407)\n\nThis chapter does not apply to:\n\n1. Any insurance policy offered by an insurer under the insurance laws of the\nCommonwealth; or\n\n2. A debt cancellation or debt suspension contract offered (i) by a bank or\ncredit union regulated pursuant to Title 6.2 or (ii) in compliance with 12\nC.F.R. Part 37, 12 C.F.R. Part 721, or other federal law.\n\nHISTORY: 2019, cc. 799, 800.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}