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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>350439</law_id><section_number>18.2-195.1</section_number><catch_line>Credit card factoring</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="52" identifier="18.2">Crimes and Offenses Generally</unit><unit label="chapter" level="2" order_by="6" identifier="6">Crimes Involving Fraud</unit><unit label="article" level="3" order_by="7" identifier="6">Offenses Relating to Credit Cards</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Any <span class="dictionary">authorized person</span> who presents to the <span class="dictionary">issuer</span> or <span class="dictionary">acquirer</span> for payment a <span class="dictionary">credit card</span> or <span class="dictionary">credit card</span> number transaction record of a sale which was not made by such person or his agent or employee, without the express authorization of the <span class="dictionary">acquirer</span> and with <span class="dictionary">intent</span> to defraud the <span class="dictionary">issuer</span>, <span class="dictionary">acquirer</span> or <span class="dictionary">cardholder</span>, is guilty of a Class 5 <span class="dictionary">felony</span>. If such act is done without authorization of the <span class="dictionary">acquirer</span> but without <span class="dictionary">intent</span> to defraud, he shall be guilty of a Class 1 <span class="dictionary">misdemeanor</span>. <a id="paragraph-1305634" class="section-permalink" href="https://vacode.org/18.2-195.1/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Any person who, without the express authorization of the <span class="dictionary">acquirer</span> and with <span class="dictionary">intent</span> to defraud the <span class="dictionary">issuer</span>, <span class="dictionary">acquirer</span> or <span class="dictionary">cardholder</span>, employs or otherwise causes an <span class="dictionary">authorized person</span> to remit to an <span class="dictionary">acquirer</span> or <span class="dictionary">issuer</span> a <span class="dictionary">credit card</span> transaction record of sale that was not made by the <span class="dictionary">authorized person</span> is guilty of a Class 5 <span class="dictionary">felony</span>. If such act is done without the authorization of the <span class="dictionary">acquirer</span> but without <span class="dictionary">intent</span> to defraud, he shall be guilty of a Class 1 <span class="dictionary">misdemeanor</span>. <a id="paragraph-1305635" class="section-permalink" href="https://vacode.org/18.2-195.1/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> As used in this section, &#x201C;<span class="dictionary">authorized person</span>&#x201D; means a person authorized by the <span class="dictionary">acquirer</span> to furnish money, goods, services or anything else of value upon presentation of a <span class="dictionary">credit card</span> or <span class="dictionary">credit card</span> number by a <span class="dictionary">cardholder</span> and includes an agent or employee of a person having such authority. <a id="paragraph-1305636" class="section-permalink" href="https://vacode.org/18.2-195.1/#C"><i class="fa fa-link"/></a></p></section></text><history>1991, c. 546.</history><metadata></metadata></law>
