Va. Code § 6.2-1542

Current with changes from the 2024 legislative session through ch. 845
Section 6.2-1542 - Duty to refund unauthorized or excess charges; liability to borrower for penalty
A. If any amount not authorized by this chapter or in excess of the charges permitted by this chapter is charged and received by a licensee, such unauthorized or excess charge actually received by a licensee shall be refunded to the borrower or credited to the borrower's account.
B. Except for excess charges charged and received as the result of a bona fide error of computation that was not made pursuant to a regular course of dealing, the licensee shall be liable to the borrower for a penalty of twice the amount of any unauthorized or excess charge actually received by the licensee and for any court costs and reasonable attorney fees incurred by the borrower.

Va. Code § 6.2-1542

Code 1950, § 6-338; 1956, c. 71; 1966, c. 584, § 6.1-309; 1976, c. 658; 1986, c. 502; 2010, c. 794.
Amended by Acts 2010, § c. 794.
Amended by Acts 1986, § c. 502.
Amended by Acts 1976, § c. 658.
Amended by Acts 1966, § c. 584, § 6.1-309.
Amended by Acts 1956, § c. 71.