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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>74100</law_id><section_number>6.2-1912</section_number><catch_line>(Repealed effective July 1, 2026) Liability of licensee for payment of money order; money order to bear name of licensee.</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="1" identifier="III">Other Regulated Providers of Financial Services</unit><unit label="chapter" level="3" order_by="1" identifier="19">Money Order Sellers and Money Transmitters</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> A <span class="dictionary">licensee</span> shall be liable for the payment of all funds collected for transmission by the <span class="dictionary">licensee</span> or its <span class="dictionary">authorized delegates</span> and all <span class="dictionary">money orders</span> which it sells, in whatever form and whether directly or through an <span class="dictionary">authorized delegate</span>, as the maker or drawer thereof according to the negotiable instrument <span class="dictionary">laws</span> of the Commonwealth. A <span class="dictionary">licensee</span> who sells a <span class="dictionary">money order</span>, whether directly or through an <span class="dictionary">authorized delegate</span>, upon which he is not designated as maker or drawer shall nevertheless have the same liabilities with respect thereto as if he had signed the <span class="dictionary">money order</span> as the maker or drawer thereof. <a id="paragraph-266481" class="section-permalink" href="https://vacode.org/6.2-1912/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Every <span class="dictionary">money order</span> sold by a <span class="dictionary">licensee</span>, whether directly or through an <span class="dictionary">authorized delegate</span>, shall bear the name of the <span class="dictionary">licensee</span> clearly imprinted thereon as it appears on its license. <a id="paragraph-266482" class="section-permalink" href="https://vacode.org/6.2-1912/#B"><i class="fa fa-link"/></a></p></section></text><history>1974, c. 578, &#xA7; 6.1-378; 2009, c. 346; 2010, c. 794; 2025, c. 214.</history><metadata></metadata></law>
