Consumer finance companies; short-term loan providers; licensee requirements. Requires a consumer finance company or a short-term loan provider to include as part of every loan application a question regarding whether the potential borrower has been approached, including via telephone or electronic means, by any person to send money in consideration of receiving money via a government or lottery organization. The bill has a delayed effective date of January 1, 2024.
Statutes affected: House: Prefiled and ordered printed; offered 01/11/23 23100529D: 6.2-1524, 6.2-1816
House: Bill text as passed House and Senate (HB1907ER): 6.2-1524, 6.2-1816
Governor: Acts of Assembly Chapter text (CHAP0287): 6.2-1524, 6.2-1816