Exchange Facilitators Act
This is Chapter 27.1 of the Code of Virginia, titled “Exchange Facilitators Act.” It is part of Title 55, titled “Property And Conveyances.” It’s comprised of the following 7 sections.
- § 55-525.1
- Definitions
- § 55-525.2
- Change in control
- § 55-525.3
- Separately identified accounts, or qualified escrows or qualified trusts
- § 55-525.4
- Errors and omissions insurance; cash or letters of credit
- § 55-525.5
- Accounting for moneys and property
- § 55-525.6
- Prohibited acts
- § 55-525.7
- Penalty; attorney fees