{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-2232.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-2232.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-2232.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-2232.html"}],"law_id":374145,"edition_id":2,"section_id":374145,"structure_id":53202,"section_number":"6.2-2232","catch_line":"Recipient place of business; required signature","history":"2022, c. 516.","full_text":"A\n\nFor the purpose of determining whether a person’s principal place of business is in the Commonwealth, a provider or broker may rely upon (i) any written representation by the person as to whether the person’s principal place of business is in the Commonwealth, or (ii) the business address provided by the person is in the application for financing.\n\nB\n\nThe provider shall obtain the recipient’s signature, which may be fulfilled by an electronic signature, on all disclosures required to be presented to the recipient by this chapter at the time the recipient accepts the specific sales-based financing offer.\n\n","order_by":null,"text":{"0":{"id":1396726,"text":"For the purpose of determining whether a person’s principal place of business is in the Commonwealth, a provider or broker may rely upon (i) any written representation by the person as to whether the person’s principal place of business is in the Commonwealth, or (ii) the business address provided by the person is in the application for financing.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1396727,"text":"The provider shall obtain the recipient’s signature, which may be fulfilled by an electronic signature, on all disclosures required to be presented to the recipient by this chapter at the time the recipient accepts the specific sales-based financing offer.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":53202,"edition_id":2,"name":"Sales-Based Financing Providers","identifier":"22.1","label":"chapter","depth":3,"order_by":10,"parent_id":53187,"metadata":{"child_laws":11,"child_structures":0},"date_created":"2026-08-02 03:12:57","date_modified":"2026-08-02 12:28:09","permalink":{"id":1494031,"object_type":"structure","relational_id":53202,"identifier":"22.1","token":"6.2\/III\/22.1","url":"\/6.2\/III\/22.1\/","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":374141,"structure_id":53202,"section_number":"6.2-2228","catch_line":"Definitions","url":"\/6.2-2228\/","token":"6.2\/III\/22.1\/6.2-2228","metadata":false},{"id":374142,"structure_id":53202,"section_number":"6.2-2229","catch_line":"Exemptions","url":"\/6.2-2229\/","token":"6.2\/III\/22.1\/6.2-2229","metadata":false},{"id":374143,"structure_id":53202,"section_number":"6.2-2230","catch_line":"Registration; authority to transact business","url":"\/6.2-2230\/","token":"6.2\/III\/22.1\/6.2-2230","metadata":false},{"id":374144,"structure_id":53202,"section_number":"6.2-2231","catch_line":"Disclosure requirements","url":"\/6.2-2231\/","token":"6.2\/III\/22.1\/6.2-2231","metadata":false},{"id":374145,"structure_id":53202,"section_number":"6.2-2232","catch_line":"Recipient place of business; required signature","url":"\/6.2-2232\/","token":"6.2\/III\/22.1\/6.2-2232","metadata":false},{"id":374146,"structure_id":53202,"section_number":"6.2-2233","catch_line":"Additional information","url":"\/6.2-2233\/","token":"6.2\/III\/22.1\/6.2-2233","metadata":false},{"id":374147,"structure_id":53202,"section_number":"6.2-2234","catch_line":"Place for bringing action under a contract or agreement to provide sales-based financing; certain fees paid by provider; confessions of judgment prohibited","url":"\/6.2-2234\/","token":"6.2\/III\/22.1\/6.2-2234","metadata":false},{"id":374148,"structure_id":53202,"section_number":"6.2-2235","catch_line":"Applicability of chapter to internet transactions","url":"\/6.2-2235\/","token":"6.2\/III\/22.1\/6.2-2235","metadata":false},{"id":374149,"structure_id":53202,"section_number":"6.2-2236","catch_line":"Validity of noncompliant sales-based financing","url":"\/6.2-2236\/","token":"6.2\/III\/22.1\/6.2-2236","metadata":false},{"id":374150,"structure_id":53202,"section_number":"6.2-2237","catch_line":"Regulations","url":"\/6.2-2237\/","token":"6.2\/III\/22.1\/6.2-2237","metadata":false},{"id":374151,"structure_id":53202,"section_number":"6.2-2238","catch_line":"Authority of Attorney General","url":"\/6.2-2238\/","token":"6.2\/III\/22.1\/6.2-2238","metadata":false}],"previous_section":{"id":374144,"structure_id":53202,"section_number":"6.2-2231","catch_line":"Disclosure requirements","url":"\/6.2-2231\/","token":"6.2\/III\/22.1\/6.2-2231","metadata":false},"next_section":{"id":374146,"structure_id":53202,"section_number":"6.2-2233","catch_line":"Additional information","url":"\/6.2-2233\/","token":"6.2\/III\/22.1\/6.2-2233","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-2232\/","history_text":"

This law was first created in 2022. The record of its establishment is cataloged in chapter 516<\/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":1494049,"object_type":"law","relational_id":374145,"identifier":"6.2-2232","token":"6.2\/III\/22.1\/6.2-2232","url":"\/6.2-2232\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-2232\/","token":"6.2\/III\/22.1\/6.2-2232","dublin_core":{"Title":"Recipient place of business; required signature","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-2232","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> For the purpose of determining whether a person<\/span>’s principal place of business is in the Commonwealth, a provider<\/span> or broker<\/span> may rely upon (i) any written representation by the person<\/span> as to whether the person<\/span>’s principal place of business is in the Commonwealth, or (ii) the business address provided by the person<\/span> is in the application for financing. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The provider<\/span> shall obtain the recipient<\/span>’s signature, which may be fulfilled by an electronic signature, on all disclosures required to be presented to the recipient<\/span> by this chapter at the time the recipient<\/span> accepts the specific sales-based financing<\/span> offer. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRECIPIENT PLACE OF BUSINESS; REQUIRED SIGNATURE (\u00a7 6.2-2232)\n\nA. For the purpose of determining whether a person’s principal place of\nbusiness is in the Commonwealth, a provider or broker may rely upon (i) any\nwritten representation by the person as to whether the person’s principal\nplace of business is in the Commonwealth, or (ii) the business address provided\nby the person is in the application for financing.\n\nB. The provider shall obtain the recipient’s signature, which may be\nfulfilled by an electronic signature, on all disclosures required to be\npresented to the recipient by this chapter at the time the recipient accepts the\nspecific sales-based financing offer.\n\nHISTORY: 2022, c. 516.","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"}}