Administrative Code

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Virginia Administrative Code
Title 21. Securities and Retail Franchising
Agency 5. State Corporation Commission, Division of Securities and Retail Franchising
Chapter 40. Exempt Securities and Transactions
11/14/2019

21VAC5-40-160. Canadian Securities.

In accordance with § 13.1-514 A 13 of the Act, an offer or sale of a security issued by an issuer organized under the laws of Canada or any Canadian province or territory and effected by a Canadian broker-dealer registered pursuant to 21VAC5-20-85 and its agent registered pursuant to 21VAC5-20-155 are exempted from the securities registration requirements of the Act.

Statutory Authority

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

Historical Notes

Derived from Volume 19, Issue 23, eff. July 1, 2003.

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