78817055-482Virginia Decodedhttps://vacode.org2016Property And ConveyancesVirginia Real Estate Cooperative ActProtection Of Cooperative PurchasersPublic offering statement; cooperative securities1982, c. 277.http://law.lis.virginia.gov/vacode/55-482/13.1-501Definitions/13.1-501/13.1-527.3Commission to provide technical assistance/13.1-527.3//55-482/55/24/4/55-48255-506If an interest in a cooperative is currently registered with the Securities and Exchange Commission of the United States, a declarant satisfies all requirements relating to the preparation of a public offering statement of this chapter if he delivers to the purchaser and files with the agency a copy of the public offering statement filed with the Securities and Exchange Commission. A cooperative interest is not a security under the provisions of the Securities Act, §§ 13.1-501 through 13.1-527.3.section1