{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-306.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-306.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-306.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-306.html"}],"law_id":374205,"edition_id":2,"section_id":374205,"structure_id":53211,"section_number":"6.2-306","catch_line":"Waiver of rights violative of public policy","history":"1987, c. 622, \u00a7 6.1-330.58; 2010, c. 794.","full_text":"A\n\nAny agreement or contract in which the borrower waives the benefits of this chapter or releases any rights he may have acquired under this chapter shall be deemed to be against public policy and void.\n\nB\n\nThe provisions of subsection A shall not apply to a waiver of benefits or release of rights made subsequent to a loan as part of a settlement of potential or pending claims by a borrower involving such loan.\n\n","order_by":null,"text":{"0":{"id":1396985,"text":"Any agreement or contract in which the borrower waives the benefits of this chapter or releases any rights he may have acquired under this chapter shall be deemed to be against public policy and void.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1396986,"text":"The provisions of subsection A shall not apply to a waiver of benefits or release of rights made subsequent to a loan as part of a settlement of potential or pending claims by a borrower involving such loan.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":53211,"edition_id":2,"name":"Usury","identifier":"3","label":"article","depth":4,"order_by":3,"parent_id":53208,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 03:13:08","date_modified":"2026-08-02 12:27:55","permalink":{"id":1490357,"object_type":"structure","relational_id":53211,"identifier":"3","token":"6.2\/I\/3\/3","url":"\/6.2\/I\/3\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53208,"edition_id":2,"name":"Interest and Usury","identifier":"3","label":"chapter","depth":3,"order_by":3,"parent_id":53153,"metadata":{"child_laws":30,"child_structures":4},"date_created":"2026-08-02 03:13:07","date_modified":"2026-08-02 12:27:55","permalink":{"id":1490335,"object_type":"structure","relational_id":53208,"identifier":"3","token":"6.2\/I\/3","url":"\/6.2\/I\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53153,"edition_id":2,"name":"General Provisions","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":53152,"metadata":{"child_laws":99,"child_structures":18},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:54","permalink":{"id":1490253,"object_type":"structure","relational_id":53153,"identifier":"I","token":"6.2\/I","url":"\/6.2\/I\/","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":374203,"structure_id":53211,"section_number":"6.2-304","catch_line":"Plea of usury; judgment","url":"\/6.2-304\/","token":"6.2\/I\/3\/3\/6.2-304","metadata":false},{"id":374204,"structure_id":53211,"section_number":"6.2-305","catch_line":"Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation","url":"\/6.2-305\/","token":"6.2\/I\/3\/3\/6.2-305","metadata":false},{"id":374205,"structure_id":53211,"section_number":"6.2-306","catch_line":"Waiver of rights violative of public policy","url":"\/6.2-306\/","token":"6.2\/I\/3\/3\/6.2-306","metadata":false},{"id":374206,"structure_id":53211,"section_number":"6.2-307","catch_line":"Assertion of defenses or claims by borrowers; effect of assignment","url":"\/6.2-307\/","token":"6.2\/I\/3\/3\/6.2-307","metadata":false},{"id":374207,"structure_id":53211,"section_number":"6.2-308","catch_line":"Entities not permitted to plead usury","url":"\/6.2-308\/","token":"6.2\/I\/3\/3\/6.2-308","metadata":false}],"previous_section":{"id":374204,"structure_id":53211,"section_number":"6.2-305","catch_line":"Recovery of twice total usurious interest paid; limitation of action; injunction to prevent sale of property pending action; effect of errors in computation","url":"\/6.2-305\/","token":"6.2\/I\/3\/3\/6.2-305","metadata":false},"next_section":{"id":374206,"structure_id":53211,"section_number":"6.2-307","catch_line":"Assertion of defenses or claims by borrowers; effect of assignment","url":"\/6.2-307\/","token":"6.2\/I\/3\/3\/6.2-307","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-306\/","history_text":"

This law was first created in 1987. The record of its establishment is cataloged in chapter 622 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. Unfortunately, the 1987 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. 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. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1490367,"object_type":"law","relational_id":374205,"identifier":"6.2-306","token":"6.2\/I\/3\/3\/6.2-306","url":"\/6.2-306\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-306\/","token":"6.2\/I\/3\/3\/6.2-306","dublin_core":{"Title":"Waiver of rights violative of public policy","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-306","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any agreement or contract<\/span> in which the borrower waives<\/span> the benefits of this chapter or releases any rights he may have acquired under this chapter shall be deemed to be against public policy and void. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The provisions of subsection A shall not apply to a waiver<\/span> of benefits or release of rights made subsequent to a loan<\/span> as part of a settlement<\/span> of potential or pending claims by a borrower involving such loan<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nWAIVER OF RIGHTS VIOLATIVE OF PUBLIC POLICY (\u00a7 6.2-306)\n\nA. Any agreement or contract in which the borrower waives the benefits of this\nchapter or releases any rights he may have acquired under this chapter shall be\ndeemed to be against public policy and void.\n\nB. The provisions of subsection A shall not apply to a waiver of benefits or\nrelease of rights made subsequent to a loan as part of a settlement of potential\nor pending claims by a borrower involving such loan.\n\nHISTORY: 1987, c. 622, \u00a7 6.1-330.58; 2010, c. 794.","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"}}