Code of Virginia § 6.2-107.1. Certain payments required electronically.
59 words·~1 min read·
/va/title-6-2/chapter-1/6-2-107-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any financial institution that initiates an electronic fund transfer related to the sale to a consumer of a security issued by such financial institution shall make available to the consumer the option of completing any payment of principal, interest, dividend, or other distribution related to the security to the consumer via an electronic fund transfer.
2024, c. 422 .