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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>55220</law_id><section_number>6.2-1929</section_number><catch_line>(Effective July 1, 2026) License required</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>6.2-1955</reference><reference>6.2-1957</reference></referred_to_by><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="19.1">Money Transmitters</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> No <span class="dictionary">person</span> shall engage in the business of <span class="dictionary">money transmission</span> or advertise, solicit, or hold itself out as providing <span class="dictionary">money transmission</span> unless the <span class="dictionary">person</span> is licensed under this chapter. <a id="paragraph-202498" class="section-permalink" href="https://vacode.org/6.2-1929/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> No <span class="dictionary">person</span> that is an <span class="dictionary">authorized delegate</span> of a <span class="dictionary">person</span> licensed under this chapter acting within the scope of authority conferred by a written <span class="dictionary">contract</span> with the <span class="dictionary">licensee</span> shall be required to be licensed under this chapter. <a id="paragraph-202499" class="section-permalink" href="https://vacode.org/6.2-1929/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> A license issued under &#xA7; <a class="law" title="(Effective July 1, 2026) Issuance of license" href="/6.2-1933/">6.2-1933</a> is not transferable or assignable. <a id="paragraph-202500" class="section-permalink" href="https://vacode.org/6.2-1929/#C"><i class="fa fa-link"/></a></p></section></text><history>2025, c. 214.</history><metadata></metadata></law>
