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1995 SESSION

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HB 1738 Exemptions from registration requirements of Securities Act.

Introduced by: George H. Heilig, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Exemptions from registration requirements of Securities Act. Exempts from the securities, broker-dealer and agent registration requirements of the Securities Act any offer or sale of securities issued by a professional business entity to a person licensed or otherwise legally authorized to render the same professional services rendered by the professional business entity (as such terms are defined in 13.1-1102). The bill also exempts any security issued by savings banks from the securities registration requirements of the Act.


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