                                 CODE OF VIRGINIA

CREDITOR&#8217;S LEGAL PROCESS (§ 8.8A-112)

a. The interest of a debtor in a certificated security may be reached by a
creditor only by actual seizure of the security certificate by the officer
making the attachment or levy, except as otherwise provided in subsection (d).
However, a certificated security for which the certificate has been surrendered
to the issuer may be reached by a creditor by legal process upon the issuer.

b. The interest of a debtor in an uncertificated security may be reached by a
creditor only by legal process upon the issuer at its chief executive office in
the United States, except as otherwise provided in subsection (d).

c. The interest of a debtor in a security entitlement may be reached by a
creditor only by legal process upon the securities intermediary with whom the
debtor&#8217;s securities account is maintained, except as otherwise provided in
subsection (d).

d. The interest of a debtor in a certificated security for which the certificate
is in the possession of a secured party, or in an uncertificated security
registered in the name of a secured party, or a security entitlement maintained
in the name of a secured party, may be reached by a creditor by legal process
upon the secured party.

e. A creditor whose debtor is the owner of a certificated security,
uncertificated security, or security entitlement is entitled to aid from a court
of competent jurisdiction, by injunction or otherwise, in reaching the
certificated security, uncertificated security, or security entitlement or in
satisfying the claim by means allowed at law or in equity in regard to property
that cannot readily be reached by other legal process.

HISTORY: 1996, c. 216.