Virginia § 13.1-504.2 - Broker-dealer services provided by credit unions; when registration not required

Full text of Virginia Code of Virginia § 13.1-504.2 — Broker-dealer services provided by credit unions; when registration not required, with citation guidance and answers to common questions.

§ 13.1-504.2. Broker-dealer services provided by credit unions; when registration not required

A credit union may enter into an agreement with any person or entity which is a registered broker-dealer under this chapter and under the Securities Exchange Act of 1934, for the purpose of making brokerage services available to members of the credit union. The existence of such an agreement shall not of itself be sufficient to require employees of the credit union to register as an agent under the provisions of this article, so long as the employees' activities with regard to such brokerage services are limited to the providing of clerical or ministerial services.

1988, c. 338.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 13.1-504.2

What does Code of Virginia § 13.1-504.2 cover?

Section 13.1-504.2 ("Broker-dealer services provided by credit unions; when registration not required") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 13.1-504.2?

A common citation format is "Code of Virginia § 13.1-504.2" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 13.1-504.2 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.