Virginia legal term
Financial transaction in Virginia Criminal Law
Current through 2026 Virginia legislative session
In Virginia criminal law, “Financial transaction” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the Virginia criminal code.
What does “Financial transaction” mean in Virginia criminal law?
"Financial transaction" means any purchase, sale, trade, loan, pledge, investment, gift, transfer, transmission, transportation, delivery, deposit, withdrawal, payment, transfer between accounts, exchange of currency, extension of credit, purchase or sale of monetary instruments, use of a safe-deposit box, or any other acquisition or disposition of monetary instruments by any means including the movement of funds by wire or other electronic means, which is knowingly designed in whole or in part to conceal or disguise the nature, location, source, ownership or control of the property involved i (Va. Code Ann. § 18.2-246.2)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.