Virginia § 6.2-1188 - Effect of repeal or amendment of statute or regulation on existing loan or investment
Full text of Virginia Code of Virginia § 6.2-1188 — Effect of repeal or amendment of statute or regulation on existing loan or investment, with citation guidance and answers to common questions.
§ 6.2-1188. Effect of repeal or amendment of statute or regulation on existing loan or investment
Any investment or loan that was in compliance with the provisions of this chapter or a regulation of the Commission in existence when such investment or loan was made shall remain a legal investment or loan even though the power to make such investment or loan in the future is amended or revoked by regulation or by action of the General Assembly.
1985, c. 425, § 6.1-194.70; 1991, c. 230, § 6.1-194.137; 2010, c. 794.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 6.2-1188
What does Code of Virginia § 6.2-1188 cover?
Section 6.2-1188 ("Effect of repeal or amendment of statute or regulation on existing loan or investment") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 6.2-1188?
A common citation format is "Code of Virginia § 6.2-1188" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 6.2-1188 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.