{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-405.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-405.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-405.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-405.html"}],"law_id":374234,"edition_id":2,"section_id":374234,"structure_id":53214,"section_number":"6.2-405","catch_line":"References to sections regulating rebates of unearned interest and prepayment penalties","history":"2010, c. 794.","full_text":"A\n\nThis article does not affect the application of §§ 6.2-420 through 6.2-423 regarding the imposition of prepayment penalties or rebates of unearned interest on certain loans secured by a lien on real estate.\n\nB\n\nThis article does not affect the application of § 6.2-1409 regarding the imposition of prepayment penalties or rebates of unearned interest on loans made by an industrial loan association.\n\n","order_by":null,"text":{"0":{"id":1397092,"text":"This article does not affect the application of §§ 6.2-420 through 6.2-423 regarding the imposition of prepayment penalties or rebates of unearned interest on certain loans secured by a lien on real estate.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1397093,"text":"This article does not affect the application of § 6.2-1409 regarding the imposition of prepayment penalties or rebates of unearned interest on loans made by an industrial loan association.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":53214,"edition_id":2,"name":"Late Charges and Rebates of Unearned Interest","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":53213,"metadata":{"child_laws":6,"child_structures":0},"date_created":"2026-08-02 03:13:11","date_modified":"2026-08-02 12:27:55","permalink":{"id":1490467,"object_type":"structure","relational_id":53214,"identifier":"1","token":"6.2\/I\/4\/1","url":"\/6.2\/I\/4\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53213,"edition_id":2,"name":"Certain Lending Practices","identifier":"4","label":"chapter","depth":3,"order_by":4,"parent_id":53153,"metadata":{"child_laws":38,"child_structures":5},"date_created":"2026-08-02 03:13:11","date_modified":"2026-08-02 12:27:55","permalink":{"id":1490465,"object_type":"structure","relational_id":53213,"identifier":"4","token":"6.2\/I\/4","url":"\/6.2\/I\/4\/","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":374229,"structure_id":53214,"section_number":"6.2-400","catch_line":"Amount of late charge; when charge can be made","url":"\/6.2-400\/","token":"6.2\/I\/4\/1\/6.2-400","metadata":false},{"id":374230,"structure_id":53214,"section_number":"6.2-401","catch_line":"Acceleration clause in note evidencing installment loan; effect of acceleration","url":"\/6.2-401\/","token":"6.2\/I\/4\/1\/6.2-401","metadata":false},{"id":374231,"structure_id":53214,"section_number":"6.2-402","catch_line":"Notice of use of Rule of 78 rebate method","url":"\/6.2-402\/","token":"6.2\/I\/4\/1\/6.2-402","metadata":false},{"id":374232,"structure_id":53214,"section_number":"6.2-403","catch_line":"The Rule of 78","url":"\/6.2-403\/","token":"6.2\/I\/4\/1\/6.2-403","metadata":false},{"id":374233,"structure_id":53214,"section_number":"6.2-404","catch_line":"When use of Rule of 78 prohibited or permitted","url":"\/6.2-404\/","token":"6.2\/I\/4\/1\/6.2-404","metadata":false},{"id":374234,"structure_id":53214,"section_number":"6.2-405","catch_line":"References to sections regulating rebates of unearned interest and prepayment penalties","url":"\/6.2-405\/","token":"6.2\/I\/4\/1\/6.2-405","metadata":false}],"previous_section":{"id":374233,"structure_id":53214,"section_number":"6.2-404","catch_line":"When use of Rule of 78 prohibited or permitted","url":"\/6.2-404\/","token":"6.2\/I\/4\/1\/6.2-404","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-405\/","history_text":"

This law was first created in 2010. The record of its establishment is cataloged in chapter 794<\/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":[{"id":373824,"section_number":"6.2-1409","catch_line":"Prepayment by borrower from association; rebates for unearned interest; prepayment penalty","order_by":null,"url":"\/6.2-1409\/"},{"id":374249,"section_number":"6.2-420","catch_line":"Prepayment penalty not to be collected in certain circumstances","order_by":null,"url":"\/6.2-420\/"},{"id":374252,"section_number":"6.2-423","catch_line":"Prepayment of loans secured by certain subordinate mortgages or deeds of trust; rebates for unearned interest","order_by":null,"url":"\/6.2-423\/"}],"permalink":{"id":1490489,"object_type":"law","relational_id":374234,"identifier":"6.2-405","token":"6.2\/I\/4\/1\/6.2-405","url":"\/6.2-405\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-405\/","token":"6.2\/I\/4\/1\/6.2-405","dublin_core":{"Title":"References to sections regulating rebates of unearned interest and prepayment penalties","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-405","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> This article does not affect the application of §§ 6.2-420<\/a> through 6.2-423<\/a> regarding the imposition of prepayment penalties or rebates of unearned interest on certain loans secured by a lien<\/span> on real estate. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> This article does not affect the application of § 6.2-1409<\/a> regarding the imposition of prepayment penalties or rebates of unearned interest on loans made by an industrial loan association. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREFERENCES TO SECTIONS REGULATING REBATES OF UNEARNED INTEREST AND PREPAYMENT\nPENALTIES (\u00a7 6.2-405)\n\nA. This article does not affect the application of §§ 6.2-420 through\n6.2-423 regarding the imposition of prepayment penalties or rebates of unearned\ninterest on certain loans secured by a lien on real estate.\n\nB. This article does not affect the application of § 6.2-1409 regarding the\nimposition of prepayment penalties or rebates of unearned interest on loans made\nby an industrial loan association.\n\nHISTORY: 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"}}