7891916.2-1917Virginia Decodedhttps://vacode.org2016Financial Institutions And ServicesOther Regulated Providers Of Financial ServicesMoney Order Sellers And Money TransmittersOther reporting requirements2009, c. 346, § 6.1-378.6; 2010, c. 794; 2014, c. 454.http://law.lis.virginia.gov/vacode/6.2-1917/6.2-1903Application for license; financial statements; application fee/6.2-1903/6.2-1914Acquisition of control; application/6.2-1914//6.2-1917/6.2/III/19/6.2-1917

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 § 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.section

A

AA1

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.section

B

BB1

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:section

C

CC1

The filing of a petition by or against the licensee for bankruptcy or reorganization;section

C

1

C1C12

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;section

C

2

C2C22

The commencement of administrative or regulatory proceedings against the licensee by any governmental authority;section

C

3

C3C32

section

C

4

C4C42

Any felony indictment of the licensee or any of its members, partners, directors, officers, principals, or authorized delegates;section

C

5

C5C52

Any felony conviction of the licensee or any of its members, partners, directors, officers, principals, or authorized delegates; orsection

C

6

C6C62

Such other events as the Commission may prescribe by regulation.section

C

7

C7C72