LIS

Virginia Law

Administrative Code

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 21. Securities And Retail Franchising
Agency 5. State Corporation Commission, Division of Securities And Retail Franchising
Chapter 10. General Administration - Securities Act
11/21/2024

21VAC5-10-10. Authority.

Pursuant to the authority granted by §§ 13.1-523 and 13.1-523.1 of the Virginia Securities Act (§ 13.1-501 et seq. of the Code of Virginia) the following regulations and forms regarding the administration and implementation of the Virginia Securities Act have been adopted.

The intent of these regulations and forms is to supplant written and unwritten administrative policies and to better reflect the realities of current financial, commercial and regulatory principles and practices.

Should any provision or application of these regulations be held invalid, such invalidity shall not affect other provisions which can be given effect without the invalid provision, and to this end the provisions or applications of these regulations and forms are declared to be severable.

Statutory Authority

§§ 12.1-13 and 13.1-523.1 of the Code of Virginia.

Historical Notes

Derived from Rule 100, Case No. SEC810005, eff. July 1, 1981; amended, Virginia Register Volume 19, Issue 23, eff. July 1, 2003.

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.