LIS

Virginia Law

Administrative Code

Table of Contents » Title 14. Insurance » Agency 5. State Corporation Commission, Bureau of Insurance » Chapter 250. Rules, Regulations and Forms Relating to Restrictions on the Purchase and Sale of Equity Securities of Domestic Stock Insurance Companies » 14VAC5-250-200. Exemption of certain securities from subsection C of the Act.

Creating a Report: Check the sections you'd like to appear in the report, then use the "Create Report" button at the bottom of the page to generate your report. Once the report is generated you'll then have the option to download it as a pdf, print or email the report.

Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 250. Rules, Regulations and Forms Relating to Restrictions on the Purchase and Sale of Equity Securities of Domestic Stock Insurance Companies

11/21/2024

14VAC5-250-200. Exemption of certain securities from subsection C of the Act.

Any security shall be exempt from the operation of subsection C of the Act (Section 38.2-214 of the Code of Virginia) to the extent necessary to render lawful under such subsection the execution by a broker of an order for an account in which he has no direct or indirect interest.

Statutory Authority

§ 38.2-214 of the Code of Virginia.

Historical Notes

Derived from Regulation 5, Case No. 18773, Rule 20, eff. April 1, 1970.

Website addresses provided in the Virginia Administrative Code to documents incorporated by reference are for the reader's convenience only, may not necessarily be active or current, and should not be relied upon. To ensure the information incorporated by reference is accurate, the reader is encouraged to use the source document described in the regulation.

As a service to the public, the Virginia Administrative Code is provided online by the Virginia General Assembly. We are unable to answer legal questions or respond to requests for legal advice, including application of law to specific fact. To understand and protect your legal rights, you should consult an attorney.