Virginia Code 38.2-6407: Exemptions from chapter
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This chapter does not apply to:
Terms Used In Virginia Code 38.2-6407
- Contract: A legal written agreement that becomes binding when signed.
- Insurer: means an insurance company licensed, registered, or otherwise authorized to do business under the laws of the Commonwealth. See Virginia Code 38.2-6400
1. Any insurance policy offered by an insurer under the insurance laws of the Commonwealth; or
2. A debt cancellation or debt suspension contract offered (i) by a bank or credit union regulated pursuant to Title 6.2 or (ii) in compliance with 12 C.F.R. part 37, 12 C.F.R. part 721, or other federal law.