{"law_id":"789191","section_number":"6.2-1917","catch_line":"Other reporting requirements","history":"2009, c. 346, \u00a7 6.1-378.6; 2010, c. 794; 2014, c. 454.","order_by":null,"metadata":{"court_decisions":{}},"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/6.2-1917\/","refers_to":[{"id":"769162","section_number":"6.2-1903","catch_line":"Application for license; financial statements; application fee","url":"\/6.2-1903\/"},{"id":"786490","section_number":"6.2-1914","catch_line":"Acquisition of control; application","url":"\/6.2-1914\/"}],"url":"\/6.2-1917\/","token":"6.2\/III\/19\/6.2-1917","structure":{"1":{"id":"594","name":"Money Order Sellers And Money Transmitters","identifier":"19","label":"chapter","url":"\/6.2\/III\/19\/"},"2":{"id":"446","name":"Other Regulated Providers Of Financial Services","identifier":"III","label":"subtitle","url":"\/6.2\/III\/"},"3":{"id":"332","name":"Financial Institutions And Services","identifier":"6.2","label":"title","url":"\/6.2\/"}},"referred_to_by":false,"edition_id":"11","section_id":"789191","structure_id":"594","full_text":"A A licensee or other person shall file a report with the Commissioner within 15 days after the licensee or other person becomes aware of any material changes in information previously provided in an application filed under \u00a7 6.2-1903 or 6.2-1914. This requirement shall be applicable only to material changes that occur within one year after the date the licensee begins business or the acquisition is consummated.\r\rB A licensee shall file with the Commissioner no later than 45 days after the end of each fiscal quarter its quarterly financial statements along with a current list of all authorized delegates and locations where the licensee or an authorized delegate of the licensee sells money orders or receives money for transmission. The licensee shall state the name, street address, and telephone number of each location and authorized delegate.\r\rC A licensee shall file a report with the Commissioner within one business day after the licensee becomes aware of the occurrence of any of the following events:\r\r","text":{"0":{"id":"2546534","text":"A licensee or other person shall file a report with the Commissioner within 15 days after the licensee or other person becomes aware of any material changes in information previously provided in an application filed under \u00a7 6.2-1903 or 6.2-1914. This requirement shall be applicable only to material changes that occur within one year after the date the licensee begins business or the acquisition is consummated.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1},"1":{"id":"2546535","text":"A licensee shall file with the Commissioner no later than 45 days after the end of each fiscal quarter its quarterly financial statements along with a current list of all authorized delegates and locations where the licensee or an authorized delegate of the licensee sells money orders or receives money for transmission. The licensee shall state the name, street address, and telephone number of each location and authorized delegate.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1},"2":{"id":"2546536","text":"A licensee shall file a report with the Commissioner within one business day after the licensee becomes aware of the occurrence of any of the following events:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1},"3":{"id":"2546537","text":" The filing of a petition by or against the licensee for bankruptcy or reorganization;","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2},"4":{"id":"2546538","text":" The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors;","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2},"5":{"id":"2546539","text":" The commencement of administrative or regulatory proceedings against the licensee by any governmental authority;","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2},"6":{"id":"2546540","text":" The cancellation or other impairment of the licensee’s bond or other security;","type":"section","prefixes":["C","4"],"prefix":"4","entire_prefix":"C4","prefix_anchor":"C4","level":2},"7":{"id":"2546541","text":" Any felony indictment of the licensee or any of its members, partners, directors, officers, principals, or authorized delegates;","type":"section","prefixes":["C","5"],"prefix":"5","entire_prefix":"C5","prefix_anchor":"C5","level":2},"8":{"id":"2546542","text":" Any felony conviction of the licensee or any of its members, partners, directors, officers, principals, or authorized delegates; or","type":"section","prefixes":["C","6"],"prefix":"6","entire_prefix":"C6","prefix_anchor":"C6","level":2},"9":{"id":"2546543","text":" Such other events as the Commission may prescribe by regulation.","type":"section","prefixes":["C","7"],"prefix":"7","entire_prefix":"C7","prefix_anchor":"C7","level":2}},"ancestry":{"1":{"id":"594","name":"Money Order Sellers And Money Transmitters","identifier":"19","label":"chapter","url":"\/6.2\/III\/19\/"},"2":{"id":"446","name":"Other Regulated Providers Of Financial Services","identifier":"III","label":"subtitle","url":"\/6.2\/III\/"},"3":{"id":"332","name":"Financial Institutions And Services","identifier":"6.2","label":"title","url":"\/6.2\/"}},"structure_contents":{"0":{"id":"770617","structure_id":"594","section_number":"6.2-1900","catch_line":"Definitions","url":"\/6.2-1900\/","token":"6.2\/III\/19\/6.2-1900"},"1":{"id":"776596","structure_id":"594","section_number":"6.2-1901","catch_line":"License required; exception","url":"\/6.2-1901\/","token":"6.2\/III\/19\/6.2-1901"},"2":{"id":"766473","structure_id":"594","section_number":"6.2-1902","catch_line":"Scope and construction of chapter","url":"\/6.2-1902\/","token":"6.2\/III\/19\/6.2-1902"},"3":{"id":"769162","structure_id":"594","section_number":"6.2-1903","catch_line":"Application for license; financial statements; application fee","url":"\/6.2-1903\/","token":"6.2\/III\/19\/6.2-1903"},"4":{"id":"787567","structure_id":"594","section_number":"6.2-1904","catch_line":"Bond required","url":"\/6.2-1904\/","token":"6.2\/III\/19\/6.2-1904"},"5":{"id":"768029","structure_id":"594","section_number":"6.2-1904.1","catch_line":"Investigation of applications","url":"\/6.2-1904.1\/","token":"6.2\/III\/19\/6.2-1904.1"},"6":{"id":"768562","structure_id":"594","section_number":"6.2-1905","catch_line":"Annual fees; expenses; annual reports; renewal","url":"\/6.2-1905\/","token":"6.2\/III\/19\/6.2-1905"},"7":{"id":"770845","structure_id":"594","section_number":"6.2-1906","catch_line":"Conditions prerequisite to issuance of license; net worth requirement","url":"\/6.2-1906\/","token":"6.2\/III\/19\/6.2-1906"},"8":{"id":"786226","structure_id":"594","section_number":"6.2-1906.1","catch_line":"Licenses; places of business; changes","url":"\/6.2-1906.1\/","token":"6.2\/III\/19\/6.2-1906.1"},"9":{"id":"795308","structure_id":"594","section_number":"6.2-1907","catch_line":"License revocation","url":"\/6.2-1907\/","token":"6.2\/III\/19\/6.2-1907"},"10":{"id":"774543","structure_id":"594","section_number":"6.2-1908","catch_line":"Notice of proposed revocation","url":"\/6.2-1908\/","token":"6.2\/III\/19\/6.2-1908"},"11":{"id":"773384","structure_id":"594","section_number":"6.2-1909","catch_line":"Cease and desist orders","url":"\/6.2-1909\/","token":"6.2\/III\/19\/6.2-1909"},"12":{"id":"795973","structure_id":"594","section_number":"6.2-1910","catch_line":"Investigations; examinations; reporting violations","url":"\/6.2-1910\/","token":"6.2\/III\/19\/6.2-1910"},"13":{"id":"788706","structure_id":"594","section_number":"6.2-1911","catch_line":"Conduct of business through authorized delegates of licensee","url":"\/6.2-1911\/","token":"6.2\/III\/19\/6.2-1911"},"14":{"id":"786449","structure_id":"594","section_number":"6.2-1912","catch_line":"Liability of licensee for payment of money order; money order to bear name of licensee","url":"\/6.2-1912\/","token":"6.2\/III\/19\/6.2-1912"},"15":{"id":"777222","structure_id":"594","section_number":"6.2-1913","catch_line":"Regulations","url":"\/6.2-1913\/","token":"6.2\/III\/19\/6.2-1913"},"16":{"id":"786490","structure_id":"594","section_number":"6.2-1914","catch_line":"Acquisition of control; application","url":"\/6.2-1914\/","token":"6.2\/III\/19\/6.2-1914"},"17":{"id":"771370","structure_id":"594","section_number":"6.2-1915","catch_line":"Sale or issuance of bearer money orders; prohibition","url":"\/6.2-1915\/","token":"6.2\/III\/19\/6.2-1915"},"18":{"id":"792443","structure_id":"594","section_number":"6.2-1916","catch_line":"Retention of books, accounts, and records","url":"\/6.2-1916\/","token":"6.2\/III\/19\/6.2-1916"},"19":{"id":"789191","structure_id":"594","section_number":"6.2-1917","catch_line":"Other reporting requirements","url":"\/6.2-1917\/","token":"6.2\/III\/19\/6.2-1917"},"20":{"id":"767862","structure_id":"594","section_number":"6.2-1918","catch_line":"Maintenance of permissible investments","url":"\/6.2-1918\/","token":"6.2\/III\/19\/6.2-1918"},"21":{"id":"765392","structure_id":"594","section_number":"6.2-1919","catch_line":"Types of permissible investments","url":"\/6.2-1919\/","token":"6.2\/III\/19\/6.2-1919"},"22":{"id":"770010","structure_id":"594","section_number":"6.2-1920","catch_line":"Civil penalties","url":"\/6.2-1920\/","token":"6.2\/III\/19\/6.2-1920"},"23":{"id":"781390","structure_id":"594","section_number":"6.2-1921","catch_line":"Criminal penalty","url":"\/6.2-1921\/","token":"6.2\/III\/19\/6.2-1921"}},"previous_section":{"id":"792443","structure_id":"594","section_number":"6.2-1916","catch_line":"Retention of books, accounts, and records","url":"\/6.2-1916\/","token":"6.2\/III\/19\/6.2-1916"},"next_section":{"id":"767862","structure_id":"594","section_number":"6.2-1918","catch_line":"Maintenance of permissible investments","url":"\/6.2-1918\/","token":"6.2\/III\/19\/6.2-1918"},"references":false,"formats":{"txt":"\/6.2-1917.txt","json":"\/6.2-1917.json","xml":"\/6.2-1917.xml"},"dublin_core":{"Title":"Other reporting requirements","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1917","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nOTHER REPORTING REQUIREMENTS (\u00a7 6.2-1917)\n\nA. A licensee or other person shall file a report with the Commissioner within\n15 days after the licensee or other person becomes aware of any material changes\nin information previously provided in an application filed under \u00a7 6.2-1903 or\n6.2-1914. This requirement shall be applicable only to material changes that\noccur within one year after the date the licensee begins business or the\nacquisition is consummated.\n\nB. A licensee shall file with the Commissioner no later than 45 days after the\nend of each fiscal quarter its quarterly financial statements along with a\ncurrent list of all authorized delegates and locations where the licensee or an\nauthorized delegate of the licensee sells money orders or receives money for\ntransmission. The licensee shall state the name, street address, and telephone\nnumber of each location and authorized delegate.\n\nC. A licensee shall file a report with the Commissioner within one business day\nafter the licensee becomes aware of the occurrence of any of the following\nevents:\n\n   1.  The filing of a petition by or against the licensee for bankruptcy or\n   reorganization;\n\n   2.  The filing of a petition by or against the licensee for receivership, the\n   commencement of any other judicial or administrative proceeding for its\n   dissolution or reorganization, or the making of a general assignment for the\n   benefit of its creditors;\n\n   3.  The commencement of administrative or regulatory proceedings against the\n   licensee by any governmental authority;\n\n   4.  The cancellation or other impairment of the licensee’s bond or other\n   security;\n\n   5.  Any felony indictment of the licensee or any of its members, partners,\n   directors, officers, principals, or authorized delegates;\n\n   6.  Any felony conviction of the licensee or any of its members, partners,\n   directors, officers, principals, or authorized delegates; or\n\n   7.  Such other events as the Commission may prescribe by regulation.\n\nHISTORY: 2009, c. 346, \u00a7 6.1-378.6; 2010, c. 794; 2014, c. 454."}