51.1-124.34 - Retention of investments that become ineligible.
§ 51.1-124.34. Retention of investments that become ineligible.
An investment that conformed with the provisions of this chapter at the timethe investment was made may be retained even though the investment ceases tobe eligible for purchase under the provisions of this chapter, unless thestandard of care in § 51.1-124.30 requires the sale or other disposition ofthe investment.
(1980, c. 596, § 51-111.24:1; 1988, c. 526; 1989, c. 28; 1990, c. 832, §51.1-123; 1994, cc. 4, 85.)