§ 6.2-1915 (Repealed effective July 1, 2026) Sale or issuance of bearer money orders; prohibition.
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.
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.
History
This law was first created in 1999. The record of its establishment is cataloged in chapter 355 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 2009, chapter 346; in 2010, chapter 794; in 2025, chapter 214.
1999, c. 355, § 6.1-378.3; 2009, c. 346; 2010, c. 794; 2025, c. 214.