2011 Code of Virginia
Title 13.1 CORPORATIONS.
Chapter 5 Securities Act (13.1-501 thru 13.1-527.3)
13.1-517 Consent to service of process
13.1-517. Consent to service of process.
Every nonresident registered as a broker-dealer, investment advisor, investment advisor representative or agent shall appoint in writing the clerk of the Commission as his agent upon whom may be served any process, notice, order or demand. Every nonresident issuer of a security registered hereunder who sells such security in this Commonwealth shall be deemed to have appointed the clerk of the Commission as his agent upon whom may be served, in any matter arising under this chapter, any process, notice, order or demand. Service may be made on the clerk in accordance with 12.1-19.1. A foreign corporation that has complied with 13.1-759 or 13.1-767 need not comply with this section.
(Code 1950, 13-144, 13-145; 1956, c. 428; 1958, c. 564; 1987, c. 678; 1990, c. 263; 1991, c. 672.)
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