™Your Policy Risk Impact Agent
20 chapters · 557 sections in this title.
9 V.I.C. § 766 Purpose and scope
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(a) This chapter must be liberally construed and applied to promote its underlying purposes and policies, which are:(1) To ensure an adequate supply of credit to borrowers in this territory.(2) To simplify, clarify, and modernize the law governing loans made by finance lenders.(3…
9 V.I.C. § 767 General exemptions
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(a) This chapter does not apply to any person doing business under any law of any state or territory or of the United States relating to banks, trust companies, savings and loan associations, insurance premium finance agencies, federal credit unions, small loans and pawnbrokers, …
9 V.I.C. § 768 Nonprofit cooperative association exemption
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(1) This chapter does not apply to the following:(1) Any nonprofit cooperative association that loans or advances money in connection with any activity mentioned in paragraph (2).(2) Any corporation, association, syndicate, joint stock company, or partnership engaged exclusively …
9 V.I.C. § 769 Loan of credit exemption
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(1) This chapter does not apply to any loan of credit made by a person not licensed under this chapter pursuant to a plan having all of the following characteristics:(1) Credit cards issued pursuant to a written application and to the plan whereby the organization issuing the car…
