{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-504.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-504.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-504.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-504.1.html"}],"law_id":57117,"edition_id":1,"section_id":57117,"structure_id":13120,"section_number":"13.1-504.1","catch_line":"Brokerage services of savings and loan associations, savings banks or service corporations of either; when registration not required","history":"1984, c. 334.","full_text":"A savings and loan association or a savings bank, or the service corporation of either, may enter into an agreement with any person or entity which is a registered broker-dealer under the applicable provisions of this chapter and under the Securities Exchange Act of 1934, for the purpose of making brokerage services available to customers of the association or savings bank. The existence of such an agreement shall not of itself be sufficient to require employees of the association, savings bank or service corporation to register as an agent under the provisions of this article, so long as the employees&#8217; activities with regard to such brokerage services are limited to the providing of clerical or ministerial services.","order_by":null,"text":{"0":{"id":209164,"text":"A savings and loan association or a savings bank, or the service corporation of either, may enter into an agreement with any person or entity which is a registered broker-dealer under the applicable provisions of this chapter and under the Securities Exchange Act of 1934, for the purpose of making brokerage services available to customers of the association or savings bank. The existence of such an agreement shall not of itself be sufficient to require employees of the association, savings bank or service corporation to register as an agent under the provisions of this article, so long as the employees&#8217; activities with regard to such brokerage services are limited to the providing of clerical or ministerial services.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13120,"edition_id":1,"name":"Brokers-Dealers, Investment Advisors, Investment Advisor Representatives and Agents","identifier":"3","label":"article","depth":3,"order_by":1,"parent_id":13119,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":149821,"object_type":"structure","relational_id":13120,"identifier":"3","token":"13.1\/5\/3","url":"\/13.1\/5\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13119,"edition_id":1,"name":"Securities Act","identifier":"5","label":"chapter","depth":2,"order_by":1,"parent_id":12744,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":149803,"object_type":"structure","relational_id":13119,"identifier":"5","token":"13.1\/5","url":"\/13.1\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12744,"edition_id":1,"name":"Corporations","identifier":"13.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":147493,"object_type":"structure","relational_id":12744,"identifier":"13.1","token":"13.1","url":"\/13.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":77849,"structure_id":13120,"section_number":"13.1-504","catch_line":"Registration","url":"\/13.1-504\/","token":"13.1\/5\/3\/13.1-504","metadata":false},{"id":57117,"structure_id":13120,"section_number":"13.1-504.1","catch_line":"Brokerage services of savings and loan associations, savings banks or service corporations of either; when registration not required","url":"\/13.1-504.1\/","token":"13.1\/5\/3\/13.1-504.1","metadata":false},{"id":54154,"structure_id":13120,"section_number":"13.1-504.2","catch_line":"Broker-dealer services provided by credit unions; when registration not required","url":"\/13.1-504.2\/","token":"13.1\/5\/3\/13.1-504.2","metadata":false},{"id":79578,"structure_id":13120,"section_number":"13.1-505","catch_line":"Procedure for registration","url":"\/13.1-505\/","token":"13.1\/5\/3\/13.1-505","metadata":false},{"id":81968,"structure_id":13120,"section_number":"13.1-505.1","catch_line":"Post-registration provisions","url":"\/13.1-505.1\/","token":"13.1\/5\/3\/13.1-505.1","metadata":false},{"id":57975,"structure_id":13120,"section_number":"13.1-506","catch_line":"Revocation of registration","url":"\/13.1-506\/","token":"13.1\/5\/3\/13.1-506","metadata":false}],"previous_section":{"id":77849,"structure_id":13120,"section_number":"13.1-504","catch_line":"Registration","url":"\/13.1-504\/","token":"13.1\/5\/3\/13.1-504","metadata":false},"next_section":{"id":54154,"structure_id":13120,"section_number":"13.1-504.2","catch_line":"Broker-dealer services provided by credit unions; when registration not required","url":"\/13.1-504.2\/","token":"13.1\/5\/3\/13.1-504.2","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-504.1\/","history_text":"<p>This law was first created in 1984. The record of its establishment is cataloged in chapter 334 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1984 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":149827,"object_type":"law","relational_id":57117,"identifier":"13.1-504.1","token":"13.1\/5\/3\/13.1-504.1","url":"\/13.1-504.1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-504.1\/","token":"13.1\/5\/3\/13.1-504.1","dublin_core":{"Title":"Brokerage services of savings and loan associations, savings banks or service corporations of either; when registration not required","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-504.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A savings and loan association or a savings bank, or the service corporation of either, may enter into an agreement with any person or entity which is a registered broker-dealer under the applicable provisions of this chapter and under the Securities Exchange Act of 1934, for the purpose of making brokerage services available to customers of the association or savings bank. The existence of such an agreement shall not of itself be sufficient to require employees of the association, savings bank or service corporation to register as an agent under the provisions of this article, so long as the employees&#8217; activities with regard to such brokerage services are limited to the providing of clerical or ministerial services.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nBROKERAGE SERVICES OF SAVINGS AND LOAN ASSOCIATIONS, SAVINGS BANKS OR SERVICE\nCORPORATIONS OF EITHER; WHEN REGISTRATION NOT REQUIRED (\u00a7 13.1-504.1)\n\nA savings and loan association or a savings bank, or the service corporation of\neither, may enter into an agreement with any person or entity which is a\nregistered broker-dealer under the applicable provisions of this chapter and\nunder the Securities Exchange Act of 1934, for the purpose of making brokerage\nservices available to customers of the association or savings bank. The\nexistence of such an agreement shall not of itself be sufficient to require\nemployees of the association, savings bank or service corporation to register as\nan agent under the provisions of this article, so long as the employees&#8217;\nactivities with regard to such brokerage services are limited to the providing\nof clerical or ministerial services.\n\nHISTORY: 1984, c. 334.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}