§ 6.1-378. Liability of licensee for payment; negotiable instruments law applicable; money order to bear name ...
A licensee shall be liable for the payment of all money orders which it sells, in whatever form and whether directly or through an agent, as the maker or drawer thereof according to the negotiable instrument laws of this Commonwealth; and a licensee who sells a money order, whether directly or through an agent, upon which he is not designated as maker or drawer shall nevertheless have the same liabilities with respect thereto as if he had signed same as the maker or drawer thereof. Every money order sold by a licensee directly or through an agent, shall bear the name of the licensee clearly imprinted thereon.
(1974, c. 578.)
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