{"data":{"id":"us-va/21vac5-40-170","jurisdiction":"us-va","citation":"21VAC5-40-170","heading":"Offerings conducted pursuant to § 13.1-514 B 7 a; broker-dealer participation and solicitation","body":"In accordance with § 13.1-514 B 7 a of the Act, an offer or sale by an issuer through a registered broker-dealer and its registered agents is deemed not to be made to the general public by advertisement or solicitation if the offerees are existing customers of the participating registered broker-dealer or its registered agent whose accounts have been in existence for an amount of time sufficient to evidence the customers' suitability for the investment. For purposes of this section, \"solicitation\" is defined in 21VAC5-10-40.","path":["Title 21. Securities And Retail Franchising","Agency 5. State Corporation Commission, Division of Securities And Retail Franchising","Chapter 40. Exempt Securities and Transactions"],"source_url":"https://law.lis.virginia.gov/admincode/title21/agency5/chapter40/section170/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:53:34Z","sha256":"190938244822e0665aa6b87bb9cf2706064d05cd467482f28b41dddef198399d","source_id":"us-va-vac","stale":false,"prev":"us-va/21vac5-40-160","next":"us-va/21vac5-40-180"},"notice":"GroundRules: Original legal text. Not legal advice."}