Virginia law § 18.2-181 criminalizes issuing checks, drafts, or orders for payment with insufficient funds, with penalties based on the value. If the amount is $1,000 or more, it is a Class 6 felony; if less, a Class 1 misdemeanor. The law also clarifies that 'credit' includes any arrangement with the bank for payment.
Issuing a check, draft, or order for payment knowing there are insufficient funds or credit, with intent to defraud, constitutes issuing a bad check.
If the check's value is $1,000 or more, it is a Class 6 felony; if less, a Class 1 misdemeanor.
Yes, 'credit' includes any understanding or arrangement with the bank or depository for payment of the check.
Yes, issuing a bad check with intent to defraud is considered larceny under Virginia law.