                                 CODE OF VIRGINIA

(REPEALED EFFECTIVE JULY 1, 2026) LIABILITY OF LICENSEE FOR PAYMENT OF MONEY
ORDER; MONEY ORDER TO BEAR NAME OF LICENSEE. (§ 6.2-1912)

A. A licensee shall be liable for the payment of all funds collected for
transmission by the licensee or its authorized delegates and all money orders
which it sells, in whatever form and whether directly or through an authorized
delegate, as the maker or drawer thereof according to the negotiable instrument
laws of the Commonwealth. A licensee who sells a money order, whether directly
or through an authorized delegate, 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 money order as the maker or drawer thereof.

B. Every money order sold by a licensee, whether directly or through an
authorized delegate, shall bear the name of the licensee clearly imprinted
thereon as it appears on its license.

HISTORY: 1974, c. 578, § 6.1-378; 2009, c. 346; 2010, c. 794; 2025, c. 214.