Virginia House of Delegates bill in Session 2026.
Status: enacted. Latest action: April 13, 2026.
Electronic fund transfers; Office of AG shall convene work group to review fraudulent activity, etc.
Financial institutions; prevention of continuation of known fraudulent transactions or occurrences. Requires a financial institution that receives knowledge of fraudulent transactions or occurences on an account to take reasonable measures to prevent the continuation of such fraudulent transactions or occurrences, including by providing consumer education materials to the account holder, temporarily suspending activities on the account, prohibiting further fraudulent transactions or occurrences, and reversing fraudulent transactions or occurrences on the account.
| Date | Event | Detail |
|---|---|---|
| 2026-01-07 | Introduced | Bill introduced |
| 2026-04-13 | Status | enacted |
| 2026-04-13 | Latest Action | Acts of Assembly Chapter text (CHAP0576) |