Shown verbatim: the complete text as captured from the official page posted by the Virginia General Assembly, fetched 2026-08-29. Where this bill amends existing law, language marked for deletion in the official page appears here in brackets. This is the chaptered version. The official bill page.
CHAPTER 453 An Act to amend and reenact § 6.2-2103 of the Code of Virginia, relating to financial institutions; check cashers; expiration of registration. [H 1166] Approved April 8, 2026 Be it enacted by the General Assembly of Virginia: 1. That § 6.2-2103 of the Code of Virginia is amended and reenacted as follows: § 6.2-2103. Registration fees; reports. A. Each registration form shall be accompanied by payment of a $200 fee, which shall not be refundable or abated in any event. B. To defray the costs of their examination, supervision, and regulation, [check] [cashers] [required] [to] [be] [registered] [under] [this] [chapter] each registrant shall pay to the Commission annually on or before July 1 a registration fee in an amount prescribed by the Commission, but not exceeding $250. If a registrant fails to pay the annual registration fee by July 1 of each year, its registration shall automatically expire by operation of law. C. All fees shall be paid into the state treasury and credited to the "Financial Institutions Special Fund -- State Corporation Commission." D. Every check casher required to be registered under this chapter shall file such annual or other reports as the Commission may prescribe. 2. That the provisions of this act shall become effective on January 1, 2027.
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