§ 6.2-202 — Issuance of currency and related prohibited acts

Virginia § 6.2-202

• Jurisdiction: Virginia
• Title 6.2: FINANCIAL INSTITUTIONS AND SERVICES
• Subtitle I: GENERAL PROVISIONS
• Ch. 2: MONEY AND CURRENCY
• Art. 2: CURRENCY ISSUANCE AND CIRCULATION

Text

A. No individual or entity, unless authorized by law, shall:

1. Issue any note, bill, scrip, or other paper or thing with intent that the same be circulated as currency; or

2. Otherwise deal, trade, or carry on business as a bank of circulation.

B. All contracts made for forming any entity to engage in any activity prohibited by subsection A shall be void.

Legislative History

1987, c. 622, § 6.1-330.52; 2010, c. 794.