Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 10. Finance and Financial Institutions |
Agency 5. State Corporation Commission |
Chapter 22. Trust Company Regulations |
Section 110. Agency or marketing activity prohibited
Latest version.
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An affiliated trust company may not act as agent for, or engage in any marketing activity on behalf of, its holding company or any affiliate of the trust company. An affiliated trust company may not distribute any prospectus or other sales literature relating to a particular security, and may not make any such information available at an office of the trust company.
Historical Notes
Derived from VR225-01-0205 § 11, eff. April 20, 1995.
Statutory Authority
§ 6.2-1034 of the Code of Virginia.