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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

SB529: Credit unions; charges on loans.

Chief Patron

Sen. Steve Newman (R-23)

Steve Newman (R-23)
Served: 1996–

Progress

Yes Introduced
Yes Passed Committee
Yes Passed House
Yes Passed Senate
Yes Signed by Governor
Yes Became Law

Status

04/05/2006: signed by governor

View Entire History

Summary

Credit unions; charges on loans.  Authorizes credit unions to impose finance charges and other charges and fees on open-end credit plans at such rates and in such amounts and manner as the credit union and the borrower may agree when payment is not timely received.   View Full Text »

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Bill Text

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