Virginia § 6.2-1915 (Repealed effective July 1, 2026) Sale or issuance of bearer money orders; prohibition.

Virginia Statutes

§ 6.2-1915 — (Repealed effective July 1, 2026) Sale or issuance of bearer money orders; prohibition.

Virginia § 6.2-1915

Title 6.2Financial Institutions and Services

Subtitle IIIOther Regulated Providers of Financial Services

Ch. 19Money Order Sellers and Money Transmitters

This text of Virginia § 6.2-1915 ((Repealed effective July 1, 2026) Sale or issuance of bearer money orders; prohibition.) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 6.2-1915 (2026).

Text

A.No authorized delegate of a licensee shall sell a money order with a face amount of $750 or more that does not designate a specific payee.

B.This section applies only to paper money orders.

C.This section does not apply to (i) travelers checks, (ii) electronic instruments, (iii) stored value products or other similar instruments for the transmission or payment of money, or (iv) money orders sold or issued by insured financial institutions.

D.Licensees shall inform their authorized delegates of the obligations imposed by this section.

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A. No authorized delegate of a licensee shall sell a money order with a face amount of $750 or more that does not designate a specific payee.

B. This section applies only to paper money orders.

C. This section does not apply to (i) travelers checks, (ii) electronic instruments, (iii) stored value products or other similar instruments for the transmission or payment of money, or (iv) money orders sold or issued by insured financial institutions.

D. Licensees shall inform their authorized delegates of the obligations imposed by this section.