Section 160. Conditions of exemption  


Latest version.
  • A. An exemption remains valid for an indefinite period of time unless and until terminated by the commissioner, or unless an expiration date is specified.

    B. An exemption is neither transferable nor renewable.

Historical Notes

Derived from Volume 19, Issue 03, eff. January 15, 2003; amended, Virginia Register Volume 29, Issue 01, eff. October 10, 2012.

Statutory Authority

§§ 32.1-12 and 32.1-111.4 of the Code of Virginia.