{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-1505.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-1505.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-1505.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-1505.html"}],"law_id":373842,"edition_id":2,"section_id":373842,"structure_id":53189,"section_number":"6.2-1505","catch_line":"Application for license; application fee","history":"Code 1950, \u00a7 6-284; 1966, c. 584, \u00a7  6.1-254; 1976, c. 658; 1981, c. 452; 1989, c. 239; 2005, c. 63; 2010, c. 794; 2020, cc. 1215, 1258.","full_text":"A\n\nApplication for a license to make loans under this chapter shall be in writing, under oath, and in the form prescribed by the Commission.\n\nB\n\nThe application shall contain:\n\n1\n\nThe name and address of the applicant;\n\n2\n\nIf the applicant is a partnership or association, the name and address of each partner or member of the partnership or association;\n\n3\n\nIf the applicant is a corporation or limited liability company, the name and address of each senior officer, director, member, registered agent, and principal;\n\n4\n\nIf the applicant is a business trust, the name and address of each trustee and beneficiary;\n\n5\n\nThe addresses of the locations where the business is to be conducted; and\n\n6\n\nSuch other information as may be required by the Commission.\n\nC\n\nThe application shall be accompanied by payment of an application fee of $500.\n\n","order_by":null,"text":{"0":{"id":1395271,"text":"Application for a license to make loans under this chapter shall be in writing, under oath, and in the form prescribed by the Commission.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1395272,"text":"The application shall contain:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":1395273,"text":"The name and address of the applicant;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":1395274,"text":"If the applicant is a partnership or association, the name and address of each partner or member of the partnership or association;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":1395275,"text":"If the applicant is a corporation or limited liability company, the name and address of each senior officer, director, member, registered agent, and principal;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":1395276,"text":"If the applicant is a business trust, the name and address of each trustee and beneficiary;","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":1395277,"text":"The addresses of the locations where the business is to be conducted; and","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"B6"},"7":{"id":1395278,"text":"Such other information as may be required by the Commission.","type":"section","prefixes":["B","6"],"prefix":"6","entire_prefix":"B6","prefix_anchor":"B6","level":2,"prior_prefix":"B5","next_prefix":"C"},"8":{"id":1395279,"text":"The application shall be accompanied by payment of an application fee of $500.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B6"}},"ancestry":[{"id":53189,"edition_id":2,"name":"Consumer Finance Companies","identifier":"15","label":"chapter","depth":3,"order_by":1,"parent_id":53187,"metadata":{"child_laws":48,"child_structures":0},"date_created":"2026-08-02 03:12:19","date_modified":"2026-08-02 12:28:07","permalink":{"id":1492815,"object_type":"structure","relational_id":53189,"identifier":"15","token":"6.2\/III\/15","url":"\/6.2\/III\/15\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53187,"edition_id":2,"name":"Other Regulated Providers of Financial Services","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":53152,"metadata":{"child_laws":332,"child_structures":12},"date_created":"2026-08-02 03:12:17","date_modified":"2026-08-02 12:28:07","permalink":{"id":1492723,"object_type":"structure","relational_id":53187,"identifier":"III","token":"6.2\/III","url":"\/6.2\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53152,"edition_id":2,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":10,"parent_id":null,"metadata":{"child_laws":961,"child_structures":89},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:53","permalink":{"id":1490251,"object_type":"structure","relational_id":53152,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":373837,"structure_id":53189,"section_number":"6.2-1500","catch_line":"Definitions","url":"\/6.2-1500\/","token":"6.2\/III\/15\/6.2-1500","metadata":false},{"id":373838,"structure_id":53189,"section_number":"6.2-1501","catch_line":"Compliance with chapter; license required; attempts to evade application of chapter","url":"\/6.2-1501\/","token":"6.2\/III\/15\/6.2-1501","metadata":false},{"id":373839,"structure_id":53189,"section_number":"6.2-1502","catch_line":"Certain persons ineligible as licensees; exception for subsidiaries","url":"\/6.2-1502\/","token":"6.2\/III\/15\/6.2-1502","metadata":false},{"id":373840,"structure_id":53189,"section_number":"6.2-1503","catch_line":"Scope of chapter","url":"\/6.2-1503\/","token":"6.2\/III\/15\/6.2-1503","metadata":{"court_decisions":""}},{"id":373841,"structure_id":53189,"section_number":"6.2-1504","catch_line":"Restrictions on name","url":"\/6.2-1504\/","token":"6.2\/III\/15\/6.2-1504","metadata":{"court_decisions":""}},{"id":373842,"structure_id":53189,"section_number":"6.2-1505","catch_line":"Application for license; application fee","url":"\/6.2-1505\/","token":"6.2\/III\/15\/6.2-1505","metadata":false},{"id":373843,"structure_id":53189,"section_number":"6.2-1506","catch_line":"Investigation of application","url":"\/6.2-1506\/","token":"6.2\/III\/15\/6.2-1506","metadata":{"court_decisions":""}},{"id":373844,"structure_id":53189,"section_number":"6.2-1507","catch_line":"Issuance of license","url":"\/6.2-1507\/","token":"6.2\/III\/15\/6.2-1507","metadata":{"court_decisions":""}},{"id":373846,"structure_id":53189,"section_number":"6.2-1508","catch_line":"Notices to Commission","url":"\/6.2-1508\/","token":"6.2\/III\/15\/6.2-1508","metadata":false},{"id":373845,"structure_id":53189,"section_number":"6.2-1508.1","catch_line":"Additional offices; relocation of offices","url":"\/6.2-1508.1\/","token":"6.2\/III\/15\/6.2-1508.1","metadata":false},{"id":373847,"structure_id":53189,"section_number":"6.2-1509","catch_line":"Contents, posting, transfer, and duration of license","url":"\/6.2-1509\/","token":"6.2\/III\/15\/6.2-1509","metadata":false},{"id":373848,"structure_id":53189,"section_number":"6.2-1510","catch_line":"Acquisition of control; application","url":"\/6.2-1510\/","token":"6.2\/III\/15\/6.2-1510","metadata":false},{"id":373849,"structure_id":53189,"section_number":"6.2-1511","catch_line":"Revocation of license","url":"\/6.2-1511\/","token":"6.2\/III\/15\/6.2-1511","metadata":{"court_decisions":""}},{"id":373850,"structure_id":53189,"section_number":"6.2-1512","catch_line":"Suspension of license","url":"\/6.2-1512\/","token":"6.2\/III\/15\/6.2-1512","metadata":false},{"id":373851,"structure_id":53189,"section_number":"6.2-1513","catch_line":"Record and notice of revocation or suspension","url":"\/6.2-1513\/","token":"6.2\/III\/15\/6.2-1513","metadata":{"court_decisions":""}},{"id":373852,"structure_id":53189,"section_number":"6.2-1514","catch_line":"Surrender of license","url":"\/6.2-1514\/","token":"6.2\/III\/15\/6.2-1514","metadata":false},{"id":373853,"structure_id":53189,"section_number":"6.2-1515","catch_line":"Effect of license revocation, suspension, or surrender","url":"\/6.2-1515\/","token":"6.2\/III\/15\/6.2-1515","metadata":false},{"id":373854,"structure_id":53189,"section_number":"6.2-1516","catch_line":"Reinstatement of license","url":"\/6.2-1516\/","token":"6.2\/III\/15\/6.2-1516","metadata":false},{"id":373855,"structure_id":53189,"section_number":"6.2-1517","catch_line":"Place of business generally","url":"\/6.2-1517\/","token":"6.2\/III\/15\/6.2-1517","metadata":false},{"id":373856,"structure_id":53189,"section_number":"6.2-1518","catch_line":"Notice of conduct of other business in same place of business; fee","url":"\/6.2-1518\/","token":"6.2\/III\/15\/6.2-1518","metadata":{"court_decisions":""}},{"id":373857,"structure_id":53189,"section_number":"6.2-1519","catch_line":"Changing place of business","url":"\/6.2-1519\/","token":"6.2\/III\/15\/6.2-1519","metadata":false},{"id":373858,"structure_id":53189,"section_number":"6.2-1520","catch_line":"Rate of interest; late charges; processing fees","url":"\/6.2-1520\/","token":"6.2\/III\/15\/6.2-1520","metadata":{"court_decisions":""}},{"id":373859,"structure_id":53189,"section_number":"6.2-1521","catch_line":"Post-judgment charges","url":"\/6.2-1521\/","token":"6.2\/III\/15\/6.2-1521","metadata":{"court_decisions":""}},{"id":373860,"structure_id":53189,"section_number":"6.2-1522","catch_line":"Other limitations on interest","url":"\/6.2-1522\/","token":"6.2\/III\/15\/6.2-1522","metadata":{"court_decisions":""}},{"id":373864,"structure_id":53189,"section_number":"6.2-1523","catch_line":"Additional charges prohibited; exceptions","url":"\/6.2-1523\/","token":"6.2\/III\/15\/6.2-1523","metadata":{"court_decisions":""}},{"id":373861,"structure_id":53189,"section_number":"6.2-1523.1","catch_line":"(Effective July 1, 2026) Access partners","url":"\/6.2-1523.1\/","token":"6.2\/III\/15\/6.2-1523.1","metadata":false},{"id":373862,"structure_id":53189,"section_number":"6.2-1523.2","catch_line":"Application of chapter to Internet loans","url":"\/6.2-1523.2\/","token":"6.2\/III\/15\/6.2-1523.2","metadata":{"court_decisions":""}},{"id":373863,"structure_id":53189,"section_number":"6.2-1523.3","catch_line":"Bond required","url":"\/6.2-1523.3\/","token":"6.2\/III\/15\/6.2-1523.3","metadata":false},{"id":373865,"structure_id":53189,"section_number":"6.2-1524","catch_line":"Required and prohibited activities and conduct","url":"\/6.2-1524\/","token":"6.2\/III\/15\/6.2-1524","metadata":{"court_decisions":""}},{"id":373866,"structure_id":53189,"section_number":"6.2-1525","catch_line":"Wage purchases","url":"\/6.2-1525\/","token":"6.2\/III\/15\/6.2-1525","metadata":{"court_decisions":""}},{"id":373867,"structure_id":53189,"section_number":"6.2-1526","catch_line":"Wage assignments","url":"\/6.2-1526\/","token":"6.2\/III\/15\/6.2-1526","metadata":false},{"id":373868,"structure_id":53189,"section_number":"6.2-1527","catch_line":"Liens on household furniture","url":"\/6.2-1527\/","token":"6.2\/III\/15\/6.2-1527","metadata":false},{"id":373869,"structure_id":53189,"section_number":"6.2-1528","catch_line":"Exemptions unimpaired","url":"\/6.2-1528\/","token":"6.2\/III\/15\/6.2-1528","metadata":false},{"id":373870,"structure_id":53189,"section_number":"6.2-1529","catch_line":"Collection of loans made outside Commonwealth","url":"\/6.2-1529\/","token":"6.2\/III\/15\/6.2-1529","metadata":{"court_decisions":""}},{"id":373871,"structure_id":53189,"section_number":"6.2-1530","catch_line":"Investigations; immunities","url":"\/6.2-1530\/","token":"6.2\/III\/15\/6.2-1530","metadata":false},{"id":373872,"structure_id":53189,"section_number":"6.2-1531","catch_line":"Examination","url":"\/6.2-1531\/","token":"6.2\/III\/15\/6.2-1531","metadata":{"court_decisions":""}},{"id":373873,"structure_id":53189,"section_number":"6.2-1532","catch_line":"Fees for examination, supervision and regulation","url":"\/6.2-1532\/","token":"6.2\/III\/15\/6.2-1532","metadata":{"court_decisions":""}},{"id":373874,"structure_id":53189,"section_number":"6.2-1533","catch_line":"Books, accounts, and records; pledge or deposit of notes and securities","url":"\/6.2-1533\/","token":"6.2\/III\/15\/6.2-1533","metadata":{"court_decisions":""}},{"id":373875,"structure_id":53189,"section_number":"6.2-1534","catch_line":"Annual reports","url":"\/6.2-1534\/","token":"6.2\/III\/15\/6.2-1534","metadata":false},{"id":373876,"structure_id":53189,"section_number":"6.2-1535","catch_line":"Regulations and orders","url":"\/6.2-1535\/","token":"6.2\/III\/15\/6.2-1535","metadata":{"court_decisions":""}},{"id":373877,"structure_id":53189,"section_number":"6.2-1536","catch_line":"Disclosures in connection with sale of securities","url":"\/6.2-1536\/","token":"6.2\/III\/15\/6.2-1536","metadata":{"court_decisions":""}},{"id":373878,"structure_id":53189,"section_number":"6.2-1537","catch_line":"Authority of Attorney General; impoundment of property and receivership","url":"\/6.2-1537\/","token":"6.2\/III\/15\/6.2-1537","metadata":false},{"id":373879,"structure_id":53189,"section_number":"6.2-1538","catch_line":"Copies of orders or licenses","url":"\/6.2-1538\/","token":"6.2\/III\/15\/6.2-1538","metadata":false},{"id":373880,"structure_id":53189,"section_number":"6.2-1539","catch_line":"Review by Commission","url":"\/6.2-1539\/","token":"6.2\/III\/15\/6.2-1539","metadata":{"court_decisions":""}},{"id":373881,"structure_id":53189,"section_number":"6.2-1540","catch_line":"Criminal penalties","url":"\/6.2-1540\/","token":"6.2\/III\/15\/6.2-1540","metadata":{"court_decisions":""}},{"id":373882,"structure_id":53189,"section_number":"6.2-1541","catch_line":"Unlawful contracts void; recovery of amounts paid","url":"\/6.2-1541\/","token":"6.2\/III\/15\/6.2-1541","metadata":{"court_decisions":{"0":{"name":"Taylor v. Allied Title Lending, LLC (In re Taylor)","case_number":"Case No. 17-30142-KRH; Adv. Pro. No. 18-03003-KRH","citation":"594 B.R. 643","date":"2018-11-20","url":"https:\/\/www.courtlistener.com\/opinion\/8529331\/taylor-v-allied-title-lending-llc-in-re-taylor\/","abstract":" .\u202f.\u202f. Kevin R. Huennekens, UNITED STATES BANKRUPTCY JUDGE .\u202f.\u202f. ","court_html":"United States Bankruptcy Court, E.D. Virginia"},"1":{"name":"Gibbs v. Haynes Invs., LLC","case_number":"Civil Action No. 3:18cv48","citation":"368 F. Supp. 3d 901","date":"2019-03-22","url":"https:\/\/www.courtlistener.com\/opinion\/7334960\/gibbs-v-haynes-invs-llc\/","abstract":" .\u202f.\u202f. As to Plain Green, Plaintiffs allege that the Haynes Defendants, in conjunction with other actors .\u202f.\u202f. ","court_html":"District Court, E.D. Virginia"}}}},{"id":373883,"structure_id":53189,"section_number":"6.2-1542","catch_line":"Duty to refund unauthorized or excess charges; liability to borrower for penalty","url":"\/6.2-1542\/","token":"6.2\/III\/15\/6.2-1542","metadata":false},{"id":373884,"structure_id":53189,"section_number":"6.2-1543","catch_line":"Civil penalties","url":"\/6.2-1543\/","token":"6.2\/III\/15\/6.2-1543","metadata":false}],"previous_section":{"id":373841,"structure_id":53189,"section_number":"6.2-1504","catch_line":"Restrictions on name","url":"\/6.2-1504\/","token":"6.2\/III\/15\/6.2-1504","metadata":{"court_decisions":""}},"next_section":{"id":373843,"structure_id":53189,"section_number":"6.2-1506","catch_line":"Investigation of application","url":"\/6.2-1506\/","token":"6.2\/III\/15\/6.2-1506","metadata":{"court_decisions":""}},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1505\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 7 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1966, chapter 584; in 1976, chapter 658; in 1981, chapter 452; in 1989, chapter 239; in 2005, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?051+ful+CHAP0063\">63<\/a>; in 2010, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?101+ful+CHAP0794\">794<\/a>; in 2020, chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1215\">1215<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1258\">1258<\/a>.<\/p>","references":[{"id":373844,"section_number":"6.2-1507","catch_line":"Issuance of license","order_by":null,"url":"\/6.2-1507\/"}],"refers_to":false,"permalink":{"id":1492837,"object_type":"law","relational_id":373842,"identifier":"6.2-1505","token":"6.2\/III\/15\/6.2-1505","url":"\/6.2-1505\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-1505\/","token":"6.2\/III\/15\/6.2-1505","dublin_core":{"Title":"Application for license; application fee","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1505","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Application for a license to make loans under this chapter shall be in writing, under <span class=\"dictionary\">oath<\/span>, and in the form prescribed by the <span class=\"dictionary\">Commission<\/span>. <a id=\"paragraph-1395271\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The application shall contain: <a id=\"paragraph-1395272\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> The name and address of the applicant; <a id=\"paragraph-1395273\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> If the applicant is a partnership or association, the name and address of each partner or member of the partnership or association; <a id=\"paragraph-1395274\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> If the applicant is a corporation or limited liability company, the name and address of each senior officer, director, member, registered agent, and <span class=\"dictionary\">principal<\/span>; <a id=\"paragraph-1395275\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> If the applicant is a business trust, the name and address of each trustee and beneficiary; <a id=\"paragraph-1395276\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> The addresses of the locations where the business is to be conducted; and <a id=\"paragraph-1395277\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B6\" class=\"indent-1\"><p><span class=\"prefix-number\">6.<\/span> Such other information as may be required by the <span class=\"dictionary\">Commission<\/span>. <a id=\"paragraph-1395278\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#B6\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> The application shall be accompanied by payment of an application fee of $500. <a id=\"paragraph-1395279\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/6.2-1505\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nAPPLICATION FOR LICENSE; APPLICATION FEE (\u00a7 6.2-1505)\n\nA. Application for a license to make loans under this chapter shall be in\nwriting, under oath, and in the form prescribed by the Commission.\n\nB. The application shall contain:\n\n   1. The name and address of the applicant;\n\n   2. If the applicant is a partnership or association, the name and address of\n   each partner or member of the partnership or association;\n\n   3. If the applicant is a corporation or limited liability company, the name\n   and address of each senior officer, director, member, registered agent, and\n   principal;\n\n   4. If the applicant is a business trust, the name and address of each trustee\n   and beneficiary;\n\n   5. The addresses of the locations where the business is to be conducted; and\n\n   6. Such other information as may be required by the Commission.\n\nC. The application shall be accompanied by payment of an application fee of\n$500.\n\nHISTORY: Code 1950, \u00a7 6-284; 1966, c. 584, \u00a7  6.1-254; 1976, c. 658; 1981, c.\n452; 1989, c. 239; 2005, c. 63; 2010, c. 794; 2020, cc. 1215, 1258.","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"}}