CHAPTER 741

An Act to amend and reenact § 6.1-826, as amended, of the Code of
Virginia, relating to recovery of usury. CH 877]

Approved April 5, 1968

Be it enacted by the General Assembly of Virginia:

1. That § 6.1-326, as amended, of the Code of Virginia be amended and
reenacted as follows:

§ 6.1-326. If an excess beyond the * rate of interest permitted by
the applicable statute be paid in any case for the loan or forbearance of
money *, the person paying the same may in a suit or action brought
within * two years from the time the usurious transaction occurred re-
cover twice the total of the interest paid from the person * taking or
receiving the same. If property has been conveyed to secure the payment
of the debt and a sale thereof is about to be made, or is apprehended, an
injunction may be awarded to prevent such sale pending the suit or action.