Source: https://law.lis.virginia.gov/vacodefull/title13.1/chapter5/article1/
Timestamp: 2019-07-23 02:32:24
Document Index: 625700208

Matched Legal Cases: ['§ 13', '§ 55', '§ 6', '§ 6', '§ 3', '§ 3', '§ 13']

Code of Virginia Code - Article 1. Definitions
Table of Contents » Title 13.1. Corporations » Chapter 5. Securities Act » Article 1. Definitions
§ 13.1-501. (Effective October 1, 2019) Definitions.
"Broker-dealer" means any person engaged in the business of selling any type of security other than an interest or unit in a condominium as defined in § 55.1-2000 or cooperative housing corporation for the account of others or for his own account otherwise than with or through a broker-dealer or agent, but does not include an issuer or an agent. A bank or trust subsidiary formed under Article 3 (§ 6.2-1047 et seq.) of Chapter 10 of Title 6.2 shall not be considered to be a broker-dealer because the bank or trust subsidiary formed under Article 3 (§ 6.2-1047 et seq.) of Chapter 10 of Title 6.2 engages in any one or more of the activities specified in subparagraph (i), (ii), (iii), (iv), (v), (vi), (viii), (ix) or (x) of § 3(a)(4)(B) or in § 3(a)(5)(C) of the Securities Exchange Act of 1934 under the conditions described in connection with such laws.
§ 13.1-501. (Effective until October 1, 2019) Definitions.