Code of Virginia § 18.2-200.1. Failure to perform promise for construction, etc., in return for advances.
127 words·~1 min read·
/va/title-18-2/chapter-6/18-2-200-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any person obtain from another an advance of money, merchandise or other thing, of value, with fraudulent intent, upon a promise to perform construction, removal, repair or improvement of any building or structure permanently annexed to real property, or any other improvements to such real property, including horticulture, nursery or forest products, and fail or refuse to perform such promise, and also fail to substantially make good such advance, he shall be deemed guilty of the larceny of such money, merchandise or other thing if he fails to return such advance within fifteen days of a request to do so sent by certified mail, return receipt requested, to his last known address or to the address listed in the contract.
1980, c. 459; 1987, c. 358.