                                 CODE OF VIRGINIA

CONSENT TO SERVICE OF PROCESS (§ 13.1-517)

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.

HISTORY: Code 1950, §§ 13-144, 13-145; 1956, c. 428; 1958, c. 564; 1987, c.
678; 1990, c. 263; 1991, c. 672.