reglab/housing_qa huggingface dataset:
V.I. Code tit. 9, § 667 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VI - Administration and Judicial Review|§ 667. Public records, confidentiality

 (a) Except as otherwise provided in subsection (b), records obtained by the Administrator or filed under this chapter, including a record contained in or filed with any registration statement, application, notice filing, or report, are public records and are available for public examination. (b) The following records are not public records and are not available for public examination under subsection (a): (1) a record obtained by the Administrator in connection with an audit or inspection under section 641(c) or an investigation under section 662; (2) a part of a record filed in connection with a registration statement under sections 621 and 623 through 625 or a record under section 641(d), that contains trade secrets or confidential information if the person filing the registration statement or report has asserted a claim of confidentiality or privilege that is authorized by law; (3) a record that is not required to be provided to the Administrator or filed under this chapter and is provided to the Administrator only on the condition that the information will not be subject to public examination or disclosure; (4) a nonpublic record received from a person specified in section 668(a); (5) any social security number, residential address, unless used as a business address, and residential telephone number, unless used as a business telephone number, contained in a record that is filed; and (6) a record obtained by the Administrator through a designee of the Administrator that a rule or order under this chapter determines has been: (A) expunged from the Administrator's records by that designee, or (B) determined to be nonpublic or nondisclosable by that designee if the Administrator finds that this is in the public interest and for the protection of investors. (c) If disclosure is for the purpose of a civil, administrative, or criminal investigation, action or proceeding or to a person specified in section 668(a), the Administrator may disclose a record obtained in connection with an audit or inspection under section 641(d) or a record obtained in connection with an investigation under section 662.
V.I. Code tit. 9, § 668 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VI - Administration and Judicial Review|§ 668. Uniformity and cooperation with other agencies

 (a) The Administrator shall, in its discretion, cooperate, coordinate, consult, and, subject to section 667, share records and information with the securities regulators of another State, Canada, a Canadian provinces or territory, a foreign jurisdiction; the Securities and Exchange Commission, the United States Department of Justice, the Commodity Futures Trading Commission, the Federal Trade Commission, the Securities Investor Protection Corporation, a self-regulatory organization, a national or international organization of securities regulators, a federal or state banking and insurance regulator, and a governmental law enforcement agency, to effectuate greater uniformity in securities matters among the federal government, self-regulatory organizations, States and foreign governments. (b) In cooperating, coordinating, consulting, and sharing records and information under this section and in acting by rule, order, or waiver under this chapter, the Administrator shall, in the discretion of the Administrator, take into consideration in carrying out the public interest the following general policies: (1) maximizing effectiveness of regulation for the protection of investors; (2) maximizing uniformity in federal and state regulatory standards; and (3) minimizing burdens on the business of capital formation, without adversely affecting essentials of investor protection. (c) The cooperation, coordination, consult[ing] and sharing of records and information authorized by this section includes: (1) establishing or employing one or more designees as a central depository for registration and notice filings under this chapter and for records required or allowed to be maintained under this chapter; (2) developing and maintaining uniform forms; (3) conducting a joint examination or investigation; (4) holding a joint administrative hearing; (5) instituting and prosecuting a joint civil or administrative proceeding; (6) sharing and exchanging personnel; (7) coordinating registrations under sections 621 and 631 through 634 and exemptions under section 613; (8) sharing and exchanging records; subject to section 667. (9) formulating rules, statements of policy, guidelines, forms, and interpretative opinions and releases; (10) formulating common systems and procedures; (11) notifying the public of proposed rules, forms, statements of policy, and guidelines; (12) attending conferences and other meetings among securities regulators, which may include representatives of governmental and private organizations involved in capital formation, deemed necessary or appropriate to promote or achieve uniformity; and (13) developing and maintaining a uniform exemption from registration for small issuers, and taking other steps to reduce the burden of raising investment capital by small businesses.
V.I. Code tit. 9, § 669 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VI - Administration and Judicial Review|§ 669. Judicial review

 Final orders issued by the Administrator and rules adopted under this chapter are subject to judicial review by the Superior Court of the Virgin Islands.
V.I. Code tit. 9, § 671 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VI - Administration and Judicial Review|§ 671. Service of process

 (a) A consent to service of process required by this chapter must be signed and filed in the form required by rule or order under this chapter. A consent appointing the Administrator the person's agent for service of process in a noncriminal action or proceeding against the person, or the person's successor, or personal representative under this chapter or a rule adopted or order issued by the Administrator under this chapter after the consent is filed, has the same force and validity as if the service were made personally on the person filing the consent. A person that has filed a consent complying with this subsection in connection with a previous application for registration or notice filing need not file an additional consent. (b) If a person, including a nonresident of this State, engages in an act, practice, or course of business prohibited or made actionable by this chapter or a rule adopted or order issued by the Administrator under this chapter and the person has not filed a consent to service of process under subsection (a), that act, practice, or course of business constitutes the appointment of the Administrator as the person's agent for service of process in a noncriminal action or proceeding against the person, the person's successor, or personal representative. (c) Service pursuant to subsection (a) or (b) may be made by providing a copy of the process to the office of the Administrator, but it is not effective unless: (1) the plaintiff, which may be the Administrator, promptly sends notice of the service and a copy of the process, return receipt requested, to the defendant or respondent at the address set forth in the consent to service of process or, if a consent to service of process has not been filed, at the last known address, or takes other reasonable steps to give notice; and (2) the plaintiff files an affidavit of compliance with this subsection in the action or proceeding on or before the return day of the process, if any, or within the time that the court, or the Administrator in a proceeding before the Administrator, allows. (d) Service as provided in subsection (c) may be used in a proceeding before the Administrator or by the Administrator in a civil action in which the Administrator is the moving party. (e) If the process is served under subsection (c), the court, or the Administrator in a proceeding before the Administrator, shall order continuances as are necessary or appropriate to afford the defendant or respondent reasonable opportunity to defend.
V.I. Code tit. 9, § 672 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VI - Administration and Judicial Review|§ 672. Severability

 If any provision of this chapter or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.
V.I. Code tit. 9, § 681 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 681. Definitions

 In this subchapter: (1) “Beneficiary form” means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner. (2) “Register” including its derivatives, means to issue a certificate showing the ownership of a certificated security or, in the case of an uncertified security, to initiate or transfer an account showing ownership of securities. (3) “Registering entity” means a person who originates or transfers a security title by registration, and includes a broker maintaining security accounts for customers and a transfer agent or other person acting for or as an issuer of securities. (4) “Security” means a share, participation, or other interest in property, in a business, or in an obligation of an enterprise or other issuer, and includes a certificated security, an uncertificated security, and a security account. (5) “Security account” means (i) a reinvestment account associated with a security; a securities account with a broker; a cash balance in a brokerage account; cash, interest, earning, or dividends earned or declared a security in an account; a reinvestment account; or a brokerage account, whether or not credited to the account before the owner’s death; or (ii) cash balance or other property held for or due to the owner of a security as a replacement for or product of an account security whether or not credited to the account before the owner’s death. (6) “TOD” means transfer on death.
V.I. Code tit. 9, § 682 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 682. Registration in beneficiary form; sole or joint tenancy ownership

 Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form and not as tenants in common.
V.I. Code tit. 9, § 683 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 683. Registration in beneficiary form; applicable law

 A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity’s principal office, the office of its transfer agent or its office making the registration, or by this or a similar statute of the law of the state listed as the owner’s address at the time of registration. A registration governed by the law of a jurisdiction in which this or similar legislation is not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law.
V.I. Code tit. 9, § 684 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 684. Origination of registration in beneficiary form

 A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.
V.I. Code tit. 9, § 685 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 685. Form of registration in beneficiary form

 Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD” or by the words “pay on death” or the abbreviation “POD,” after the name of the registered owner and before the name of a beneficiary.
V.I. Code tit. 9, § 686 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 686. Effect of registration in beneficiary form

 The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner’s death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all, then surviving owners without the consent of the beneficiary.
V.I. Code tit. 9, § 687 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 687. Ownership on death of owner

 On death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to the beneficiary or beneficiaries who survive all owners. On proof of death of all owners and compliance with any applicable requirements of the registering entity, a security registered in beneficiary form may be reregistered in the name of the beneficiary or beneficiaries who survive the death of all owners. Until division of the security after the death of all owners, multiple beneficiaries surviving the death of all owners hold their interests as tenants in common. If no beneficiary survives the death of all owners, the security belongs to the estate of the deceased sole owner or the estate of the last to die of all multiple owners.
V.I. Code tit. 9, § 688 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 688. Protection of registering entity

 (a) A registering entity is not required to offer or to accept a request for security registration in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner requesting registration in beneficiary assents to the protections given to the registering entity by this subchapter. (b) By accepting a request for registration of a security in beneficiary form, the registering entity agrees that the registration will be implemented on death of the deceased owner as provided in this subchapter. (c) A registering entity is discharged from all claims to a security by the estate, creditors, heirs, or devisees of a deceased owner if it registers a transfer of the security in accordance with section 687 and does so in good faith reliance (i) on the registration, (ii) on this subchapter, (iii) on information provided to it by affidavit of the personal representative of the deceased owner, or (iv) by the surviving beneficiary or by the surviving beneficiary’s representatives or other information available to the registering entity. The protections of this subchapter do not extend to a reregistration or payment made after a registering entity has received written notice from any claimant to any interest in the security objecting to implementation of a registration in beneficiary form. No other notice or other information available to the registering entity affects its right to protection under this subchapter. (d) The protection provided by this subchapter to the registering entity of a security does not affect the rights of beneficiaries in disputes between themselves and other claimants to ownership of the security transferred or its value or proceeds.
V.I. Code tit. 9, § 689 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 689. Nontestamentary transfer on death

 A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this subchapter and is not testamentary.
V.I. Code tit. 9, § 690 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 690. Terms, conditions, and forms for registration

 (a) A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests (i) for registrations in beneficiary form, and (ii) for implementation of registrations in beneficiary form, including requests for cancellation of previously registered TOD beneficiary designations and requests for reregistration to effect a change of beneficiary. The terms and conditions so established may provide for proving death, avoiding or resolving any problems concerning fractional shares, designating primary and contingent beneficiaries, and substituting a named beneficiary’s descendants to take in the place of the named beneficiary in the event of the beneficiary’s death. Substitution may be indicated by appending to the name of the primary beneficiary the letters LDPS, standing for “lineal descendants per stirpes.” This designation substitutes a deceased beneficiary’s descendants who survive the owner for a beneficiary who fails to so survive, the descendants to be identified and to share in accordance with the law of the beneficiary’s domicile at the owner’s death governing inheritance by descendants of an intestate. Other forms of identifying beneficiaries, who are to take on one or more contingencies, and rules for providing proofs and assurances needed to satisfy reasonable concerns by registering entities regarding conditions and identities relevant to accurate implementation of registrations in beneficiary form, may be contained in a registering entity’s terms and conditions. (b) The following are illustrations of registrations in beneficiary form which a registering entity may authorize: (1) Sole owner-sole beneficiary: John S. Brown TOD (or POD) John S. Brown, Jr. (2) Multiple owners-sole beneficiaries: John S. Brown, Mary B. Brown JT TEN TOD John S. Brown, Jr. (3) Multiple owners-primary and secondary (substituted) beneficiaries: John S. Brown, Mary B. Brown, JT TEN TOD John S. Brown, Jr., SUB BENE Peter Q. Brown or John S. Brown, Mary B. Brown, JT TEN TOD John S. Brown, Jr., LDPS.
V.I. Code tit. 9, § 691 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 23 - Uniform Securities Act|Subchapter VII - Virgin Islands Uniform Tod Security Registration Act|§ 691. Application of subchapter; construction

 (a) This subchapter applies to registrations of securities in beneficiary form made before or after effective date of this subchapter, by decedents dying on or after effective date. (b) This subchapter must be liberally construed and applied to promote its underlying purposes and policy and to make uniform the laws with respect to the subject of this subchapter among the jurisdictions enacting it. (c) Unless displaced by the particular provisions of this subchapter, the principles of law and equity supplement its provisions.
V.I. Code tit. 9, § 715 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 25 - International Banking Center Regulatory Act|Subchapter I - International Banking Entities|§ 715. Short title

 This chapter may be cited as “The International Financial Services Center Regulatory Act.”
V.I. Code tit. 9, § 717 (2019)
2019 US Virgin Islands Code|Title 9 - Banking|Chapter 25 - International Banking Center Regulatory Act|Subchapter I - International Banking Entities|§ 717. Authority and duties of the Board

 (a) The Board shall: (1) adopt, and may thereafter, from time to time, repeal, amend, or supplement regulations in order to comply with the provisions of this chapter; (2) collect fees for examinations and audits, receive monies and make disbursements according to its budget or as otherwise provided by law or regulations; (3) open and maintain such bank accounts as may be necessary and appropriate to carry out the purposes of this chapter; (4) review and carry out investigations with regard to all applications for licenses to operate international financial services entities; (5) approve, grant conditional approval, or deny applications for permits and licenses to operate international financial services entities; provided, that any person whose applications has been denied or conditionally approved may request a hearing pursuant to the regulations; (6) supervise, inspect, and examine international financial services entities and require from them periodic reports and other information specified in the regulations of the Board; (7) require periodic examination of the accounts of each international banking entity as requested in the Board’s discretion, which must include an examination of the financial condition of each international financial services entity, its compliance with the requirements of this chapter and the regulations of the Board, and such other matters as the Board may consider appropriate; (8) ascertain the financial security and operating soundness of international financial services entities and ensure that they comply with applicable laws and regulations and with any other provision or requirement that the Board may require by order or regulation; (9) revoke or suspend a license to operate an international financial services entity or impose any sanctions the Board may consider necessary and convenient pursuant to regulations, subject to the requirements of section 749; and (10) carry out such other activities incidental to the performance of duties under this chapter. (b) The Board may summon witnesses and request the production of such documents as the Board considers necessary to carry out any investigation under this chapter. The information obtained through this process must be kept confidential. (c) If a person fails to comply with a summons issued by the Board, the Board may seek whatever remedy that may be legally applicable, from the Superior Court of the Virgin Islands; and the court may order such person to comply with the summons of the Board, under admonition of contempt of court. (d) Within the term of 90 days after the closing of each fiscal year of the Virgin Islands, the Board shall remit to the Department of Finance, to be covered into the Tap Roots Program, described in section 754, five (5) percent of the net income obtained from his functions related to this chapter for such fiscal year.