Money Order Sellers And Money Transmitters
This is Chapter 19 of the Code of Virginia, titled “Money Order Sellers And Money Transmitters.” It is part of Title 6.2, titled “Financial Institutions And Services.” It is part of Subtitle III, titled “Other Regulated Providers Of Financial Services.” It’s comprised of the following 24 sections.
- § 6.2-1900
- Definitions
- § 6.2-1901
- License required; exception
- § 6.2-1902
- Scope and construction of chapter
- § 6.2-1903
- Application for license; financial statements; application fee
- § 6.2-1904
- Bond required
- § 6.2-1904.1
- Investigation of applications
- § 6.2-1905
- Annual fees; expenses; annual reports; renewal
- § 6.2-1906
- Conditions prerequisite to issuance of license; net worth requirement
- § 6.2-1906.1
- Licenses; places of business; changes
- § 6.2-1907
- License revocation
- § 6.2-1908
- Notice of proposed revocation
- § 6.2-1909
- Cease and desist orders
- § 6.2-1910
- Investigations; examinations; reporting violations
- § 6.2-1911
- Conduct of business through authorized delegates of licensee
- § 6.2-1912
- Liability of licensee for payment of money order; money order to bear name of licensee
- § 6.2-1913
- Regulations
- § 6.2-1914
- Acquisition of control; application
- § 6.2-1915
- Sale or issuance of bearer money orders; prohibition
- § 6.2-1916
- Retention of books, accounts, and records
- § 6.2-1917
- Other reporting requirements
- § 6.2-1918
- Maintenance of permissible investments
- § 6.2-1919
- Types of permissible investments
- § 6.2-1920
- Civil penalties
- § 6.2-1921
- Criminal penalty