6.2-2201 - (Effective October 1, 2010) License required. - Virginia Statutes

§ 6.2-2201. (Effective October 1, 2010) License required.

Unless exempted from the provisions of this chapter pursuant to § 6.2-2202:

1. No person shall engage in the business of making motor vehicle title loansto any individual residing in the Commonwealth, whether or not the person hasa location in the Commonwealth, except in accordance with the provisions ofthis chapter and without having first obtained a license under this chapterfrom the Commission; and

2. No person shall engage in the business of arranging or brokering motorvehicle title loans for any individual residing in the Commonwealth, whetheror not the person has a location in the Commonwealth.

(2010, c. 477.)