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.