                                 CODE OF VIRGINIA

(EFFECTIVE JULY 1, 2026) TIMELY TRANSMISSION (§ 6.2-1945)

A. Every licensee shall forward all money received for transmission in
accordance with the terms of the agreement between the licensee and the sender
unless the licensee has a reasonable belief or a reasonable basis to believe
that the sender may be a victim of fraud or that a crime or violation of law or
regulation has occurred, is occurring, or may occur.

B. If a licensee fails to forward money received for transmission in accordance
with this section, the licensee shall respond to inquiries by the sender with
the reason for the failure unless providing a response would violate a state or
federal law or regulation.

HISTORY: 2025, c. 214.