Virginia law sections 18.2-498.4 and 18.2-498.5 establish requirements for individuals and entities to submit certified statements to confirm their transactions are free from collusion or fraud. Violating these requirements by knowingly providing false information is a Class 6 felony. The Attorney General or local attorneys can initiate legal actions for violations within their jurisdictions.
A certified statement is a declaration that a business transaction is not influenced by collusion or fraud, required by certain entities in Virginia.
The Commonwealth, local governments, or their departments and agencies can require individuals or businesses to submit certified statements when engaging in transactions.
Knowingly making a false statement can lead to a Class 6 felony charge in Virginia, which carries serious legal penalties.
Yes, the Attorney General or local attorneys can initiate legal proceedings for violations occurring within their jurisdictions.