State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-2 > 6-2-202

§ 6.2-202. (Effective October 1, 2010) Issuance of currency and relatedprohibited acts.

A. No individual or entity, unless authorized by law, shall:

1. Issue any note, bill, scrip, or other paper or thing with intent that thesame be circulated as currency; or

2. Otherwise deal, trade, or carry on business as a bank of circulation.

B. All contracts made for forming any entity to engage in any activityprohibited by subsection A shall be void.

(1987, c. 622, § 6.1-330.52; 2010, c. 794.)

State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-2 > 6-2-202

§ 6.2-202. (Effective October 1, 2010) Issuance of currency and relatedprohibited acts.

A. No individual or entity, unless authorized by law, shall:

1. Issue any note, bill, scrip, or other paper or thing with intent that thesame be circulated as currency; or

2. Otherwise deal, trade, or carry on business as a bank of circulation.

B. All contracts made for forming any entity to engage in any activityprohibited by subsection A shall be void.

(1987, c. 622, § 6.1-330.52; 2010, c. 794.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-2 > 6-2-202

§ 6.2-202. (Effective October 1, 2010) Issuance of currency and relatedprohibited acts.

A. No individual or entity, unless authorized by law, shall:

1. Issue any note, bill, scrip, or other paper or thing with intent that thesame be circulated as currency; or

2. Otherwise deal, trade, or carry on business as a bank of circulation.

B. All contracts made for forming any entity to engage in any activityprohibited by subsection A shall be void.

(1987, c. 622, § 6.1-330.52; 2010, c. 794.)