                                 CODE OF VIRGINIA

(REPEALED EFFECTIVE JULY 1, 2026) LICENSE REQUIRED; EXCEPTION. (§ 6.2-1901)

A. No person shall engage in the business of selling money orders or engage in
the business of money transmission, whether or not the person has a location in
the Commonwealth, unless the person obtains from the Commission a license issued
pursuant to this chapter.

B. No license under this chapter shall be required of any authorized delegate of
a licensee.

C. Every person required to be licensed under this chapter shall register with
the Registry and be subject to such registration and renewal requirements as may
be established by the Registry, in addition to any requirements of this chapter.
In adopting regulations pursuant to &#xA7; 6.2-1913, the Commission shall
include any terms, conditions, or requirements applicable to such registration
and renewal. Any fees required by the Registry shall be separate and apart from
any fees imposed by this chapter. The Commission, at its discretion, may collect
any registration and renewal fees on behalf of the Registry and remit such fees
to the Registry or permit the Registry to collect any fees imposed by this
chapter and remit such fees to the Commission.

D. In connection with its implementation and administration of this chapter, the
Commission may establish agreements or contracts with the Registry or other
entities designated by the Registry to collect, distribute, and maintain
information and records and process fees related to persons required to be
licensed under this chapter. In establishing such agreements or contracts, the
Commission shall not be subject to the Virginia Public Procurement Act (&#xA7;
2.2-4300 et seq.).

HISTORY: 1974, c. 578, §§ 6.1-371, 6.1-377; 1983, c. 156; 1987, c. 283; 1990,
c. 259; 1994, c. 889; 2001, c. 372; 2005, c. 314; 2009, c. 346; 2010, c. 794;
2019, c. 634; 2025, c. 214.