Notification of action on credit application
Va. Code Ann. § 6.2-502
in effectWithin 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.
1977, c. 589, § 59.1-21.21:1; 2002, c. 747 ; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-502/Fetched: 10/17/2026
