Virginia Code 6.2-1188: Effect of repeal or amendment of statute or regulation on existing loan or investment
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Any investment or loan that was in compliance with the provisions of this chapter or a regulation of the Commission in existence when such investment or loan was made shall remain a legal investment or loan even though the power to make such investment or loan in the future is amended or revoked by regulation or by action of the General Assembly.
Terms Used In Virginia Code 6.2-1188
- Commission: means the State Corporation Commission. See Virginia Code 6.2-100
1985, c. 425, § 6.1-194.70; 1991, c. 230, § 6.1-194.137; 2010, c. 794.