Code of Virginia (Last Updated:July 28, 2020) |
TITLE 6.2. Financial Institutions and Services |
SUBTITLE III. Other Regulated Providers of Financial Services |
CHAPTER 18. Short-Term Loans |
SECTION 6.2-1817.1. (Effective January 1, 2021) Inflation adjustment of maximum monthly maintenance fee |
SECTION 6.2-1817.1. (Effective January 1, 2021) Inflation adjustment of maximum monthly maintenance fee
The Commission may, from time to time, by regulation, adjust the dollar amount of $25 specified in subsection A of § 6.2-1817 to reflect the rate of inflation from the previous date that the dollar amount was established, as measured by the Consumer Price Index or other method of measuring the rate of inflation that the Commission determines is reliable and generally accepted. |