                                 CODE OF VIRGINIA

CRIMES (§ 13.1-520)

A. Any person who shall knowingly and willfully make, or cause to be made, any
false statement in any book of account or other paper of any person subject to
the provisions of this chapter, or knowingly and willfully exhibit any false
paper to the Commission, or who shall knowingly and willfully commit any act
declared unlawful by this chapter, with the intent to defraud any purchaser of
securities or user of investment advisory services or with intent to deceive the
Commission as to any material fact for the purpose of inducing the Commission to
take any action or refrain from taking any action pursuant to this chapter,
shall be guilty of a Class 4 felony.

B. Any person who shall knowingly make or cause to be made any false statement
in any book of account or other paper of any person subject to the provisions of
this chapter or exhibit any false paper to the Commission or who shall commit
any act declared unlawful by this chapter shall be guilty of a Class 1
misdemeanor.

C. Prosecutions under this section shall be instituted by indictments in the
courts of record having jurisdiction of felonies within three years from the
date of the offense.

HISTORY: Code 1950, §§ 13-152, 13-155; 1956, c. 428; 1977, c. 484; 1987, c.
678.