§ 13.1-517. Consent to service of process.

Every nonresident registered as a broker-dealer, investment advisor,investment advisor representative or agent shall appoint in writing the clerkof the Commission as his agent upon whom may be served any process, notice,order or demand. Every nonresident issuer of a security registered hereunderwho sells such security in this Commonwealth shall be deemed to haveappointed the clerk of the Commission as his agent upon whom may be served,in any matter arising under this chapter, any process, notice, order ordemand. Service may be made on the clerk in accordance with § 12.1-19.1. Aforeign corporation that has complied with § 13.1-759 or § 13.1-767 need notcomply with this section.

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