Virginia Code 6.2-202: Issuance of currency and related prohibited acts
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A. No individual or entity, unless authorized by law, shall:
Terms Used In Virginia Code 6.2-202
- Entity: means any corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or other legal or commercial entity. See Virginia Code 6.2-100
1. Issue any note, bill, scrip, or other paper or thing with intent that the same 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 activity prohibited by subsection A shall be void.
1987, c. 622, § 6.1-330.52; 2010, c. 794.