{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-525.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-525.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-525.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-525.html"}],"law_id":81978,"edition_id":1,"section_id":81978,"structure_id":13759,"section_number":"13.1-525","catch_line":"Official interpretations","history":"Code 1950, \u00a7 13-112; 1956, c. 428; 1984, c. 771; 1992, c. 19.","full_text":"The Commission shall have jurisdiction, upon written application, payment of a filing fee of $500 and submission of such data as may be necessary for the purpose, to determine whether or not (i) a particular security or transaction is exempt from the registration requirements of this chapter, (ii) the offer or sale of a particular security would be lawful, or (iii) a person is an investment advisor or an investment advisor representative. Its determination shall be made by order, which, subject to the right of appeal, shall be conclusive on the same state of facts in any court in which the matter may come for adjudication, whether in a civil or a criminal case.","order_by":null,"text":{"0":{"id":293758,"text":"The Commission shall have jurisdiction, upon written application, payment of a filing fee of $500 and submission of such data as may be necessary for the purpose, to determine whether or not (i) a particular security or transaction is exempt from the registration requirements of this chapter, (ii) the offer or sale of a particular security would be lawful, or (iii) a person is an investment advisor or an investment advisor representative. Its determination shall be made by order, which, subject to the right of appeal, shall be conclusive on the same state of facts in any court in which the matter may come for adjudication, whether in a civil or a criminal case.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13759,"edition_id":1,"name":"Miscellaneous","identifier":"5","label":"article","depth":3,"order_by":1,"parent_id":13119,"metadata":{},"date_created":"2026-06-26 03:45:48","date_modified":"2026-06-26 03:45:48","permalink":{"id":149877,"object_type":"structure","relational_id":13759,"identifier":"5","token":"13.1\/5\/5","url":"\/13.1\/5\/5\/","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":81002,"structure_id":13759,"section_number":"13.1-514","catch_line":"Exemptions","url":"\/13.1-514\/","token":"13.1\/5\/5\/13.1-514","metadata":false},{"id":74119,"structure_id":13759,"section_number":"13.1-514.1","catch_line":"Exemption of certain securities by order of Commission","url":"\/13.1-514.1\/","token":"13.1\/5\/5\/13.1-514.1","metadata":false},{"id":60065,"structure_id":13759,"section_number":"13.1-514.2","catch_line":"Primacy of Virginia law to be maintained","url":"\/13.1-514.2\/","token":"13.1\/5\/5\/13.1-514.2","metadata":false},{"id":78083,"structure_id":13759,"section_number":"13.1-515","catch_line":"Advertising","url":"\/13.1-515\/","token":"13.1\/5\/5\/13.1-515","metadata":false},{"id":81574,"structure_id":13759,"section_number":"13.1-516","catch_line":"Misleading filings","url":"\/13.1-516\/","token":"13.1\/5\/5\/13.1-516","metadata":false},{"id":76608,"structure_id":13759,"section_number":"13.1-517","catch_line":"Consent to service of process","url":"\/13.1-517\/","token":"13.1\/5\/5\/13.1-517","metadata":false},{"id":75747,"structure_id":13759,"section_number":"13.1-518","catch_line":"Investigations; 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admissibility of copies; destruction","url":"\/13.1-524\/","token":"13.1\/5\/5\/13.1-524","metadata":false},{"id":81978,"structure_id":13759,"section_number":"13.1-525","catch_line":"Official interpretations","url":"\/13.1-525\/","token":"13.1\/5\/5\/13.1-525","metadata":false},{"id":86458,"structure_id":13759,"section_number":"13.1-525.1","catch_line":"Fees to cover expense of regulation","url":"\/13.1-525.1\/","token":"13.1\/5\/5\/13.1-525.1","metadata":false},{"id":69698,"structure_id":13759,"section_number":"13.1-526","catch_line":"Transition","url":"\/13.1-526\/","token":"13.1\/5\/5\/13.1-526","metadata":false},{"id":82428,"structure_id":13759,"section_number":"13.1-527","catch_line":"Short title","url":"\/13.1-527\/","token":"13.1\/5\/5\/13.1-527","metadata":false},{"id":54768,"structure_id":13759,"section_number":"13.1-527.01","catch_line":"Repealed","url":"\/13.1-527.01\/","token":"13.1\/5\/5\/13.1-527.01","metadata":false}],"previous_section":{"id":85546,"structure_id":13759,"section_number":"13.1-524","catch_line":"Certain records of Commission available to public; admissibility of copies; destruction","url":"\/13.1-524\/","token":"13.1\/5\/5\/13.1-524","metadata":false},"next_section":{"id":86458,"structure_id":13759,"section_number":"13.1-525.1","catch_line":"Fees to cover expense of regulation","url":"\/13.1-525.1\/","token":"13.1\/5\/5\/13.1-525.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-525\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1956, chapter 428; in 1984, chapter 771; in 1992, chapter 19.<\/p>","references":[{"id":75080,"section_number":"13.1-501","catch_line":"Definitions","order_by":null,"url":"\/13.1-501\/"}],"refers_to":false,"permalink":{"id":149943,"object_type":"law","relational_id":81978,"identifier":"13.1-525","token":"13.1\/5\/5\/13.1-525","url":"\/13.1-525\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-525\/","token":"13.1\/5\/5\/13.1-525","dublin_core":{"Title":"Official interpretations","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-525","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The Commission shall have <span class=\"dictionary\">jurisdiction<\/span>, upon written application, payment of a filing fee of $500 and submission of such data as may be necessary for the purpose, to determine whether or not (i) a particular security or transaction is exempt from the registration requirements of this chapter, (ii) the offer or sale of a particular security would be lawful, or (iii) a person is an investment advisor or an investment advisor representative. Its determination shall be made by <span class=\"dictionary\">order<\/span>, which, subject to the right of <span class=\"dictionary\">appeal<\/span>, shall be conclusive on the same state of <span class=\"dictionary\">facts<\/span> in any <span class=\"dictionary\">court<\/span> in which the matter may come for adjudication, whether in a civil or a criminal case.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nOFFICIAL INTERPRETATIONS (\u00a7 13.1-525)\n\nThe Commission shall have jurisdiction, upon written application, payment of a\nfiling fee of $500 and submission of such data as may be necessary for the\npurpose, to determine whether or not (i) a particular security or transaction is\nexempt from the registration requirements of this chapter, (ii) the offer or\nsale of a particular security would be lawful, or (iii) a person is an\ninvestment advisor or an investment advisor representative. Its determination\nshall be made by order, which, subject to the right of appeal, shall be\nconclusive on the same state of facts in any court in which the matter may come\nfor adjudication, whether in a civil or a criminal case.\n\nHISTORY: Code 1950, \u00a7 13-112; 1956, c. 428; 1984, c. 771; 1992, c. 19.","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}}