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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 6.2-1955: (Effective July 1, 2026) Civil penalties

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Where this section sits in the code
  1. Title 6.2. Financial Institutions and Services
  2. Subtitle III. Other Regulated Providers of Financial Services
  3. Chapter 19.1. Money Transmitters

The Commission may impose a civil penalty not exceeding $2,500 upon any person licensed or required to be licensed under this chapter who the Commission determines has violated any of the provisions of this chapter or any other law or regulation applicable to the conduct of the person's business. For the purposes of this section, each separate violation shall be subject to the civil penalty herein prescribed. In the case of a violation of § 6.2-1929, each money transmission transaction shall constitute a separate violation.2025, c. 214.

Collected 2026-09-04T15:12:34Z. Source file · JSON

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