 |
Code of Virginia (Last Updated:July 28, 2020) |
 |
TITLE 6.2. Financial Institutions and Services |
|
|
SUBTITLE I. General Provisions |
|
|
CHAPTER 5. Equal Credit Opportunities |
|
|
SECTION 6.2-502. Notification of action on credit application |
|
Within 30 days, or such longer reasonable time as specified in regulations of the Commission for any class of credit transaction, after receipt of a completed application for credit, a creditor shall notify the applicant of its action on the application. |