Investment Advisor'S Surety Bond Form - Commonwealth Of Virginia printable pdf download

COMMONWEALTH OF VIRGINIA

STATE CORPORATION COMMISSION

DIVISION OF SECURITIES AND RETAIL FRANCHISING

INVESTMENT ADVISOR'S SURETY BOND

____________________________ of ________________________ as principal, and

_______________________________________________ a corporation organized and existing

under the laws of the State of ____________________________, and authorized to write bonds in

the Commonwealth of Virginia, as Surety, are held and firmly bound unto the COMMONWEALTH

OF VIRGINIA in the penal sum of $_____________ for the payment of which, well and truly to be

made, we, and each of us, bind ourselves, our heirs, successors and assigns, jointly and severally,

firmly by these presents.

SIGNED, SEALED AND DATED this ______ day of _____________, ___.

THE CONDITIONS OF THIS OBLIGATION ARE SUCH THAT:

Whereas, the said Principal has applied to the State Corporation Commission of the

Commonwealth of Virginia for registration (or renewal of registration) as an investment advisor

pursuant to the Securities Act (Chapter 5, Title 13.1, Code of Virginia (1950), as amended) and, in

accordance with §13.1-505 thereof, the State Corporation Commission has conditioned registration

(or renewal of registration) upon the Principal filing a surety bond;

Therefore, the conditions of this obligation are such that if the Principal, in connection with

his investment advisory business transacted in Virginia, discharges all obligations imposed on him as

an investment advisor registered under the Securities Act, accounts for all money and securities

coming into his hands for the use of his clients, fully performs all investment advisory contracts to

which he is a party, and satisfies all civil penalties provided in the Securities Act for which said

Principal may become liable, then this obligation shall be null and void; otherwise, to remain in full

force and effect;

Provided, this bond shall cover the acts of the Principal during the period of registration; and

in no event shall the Surety's aggregate liability hereunder for all losses exceed the penal sum of

$_______________.

Provided further, the Surety may be released from liability for future breaches of the

conditions of this bond only after thirty days have elapsed from the giving of written notice to the

Principal and to the State Corporation Commission of the Commonwealth of Virginia, of its desire to

be released.

_____________________________________

(Principal)

(SEAL OF PRINCIPAL)

By___________________________________

(If Principal is Partnership

or Corporation)

Title__________________________________

Investment Advisor'S Surety Bond Form - Commonwealth Of Virginia