On Mar. 21, VA LEG enacted bill re resale disclosures requirements.
VA LEG enacted bill HB 2110 re to Resale disclosure act; resale certificate; prohibition on requiring purchaser's name; amended VA LEG 55.1-2309 and VA LEG 55.1-2310.
Prohibited any association from requiring a purchaser's name prior to preparing the resale certificate or requiring such information to be set out on a completed certificate.
Document dated Mar. 21, 2025, was received on Apr. 7, 2025, due to a fixed feed.
Legislative History
On Jan. 7, 2025, bill introduced in the House; on Feb. 3, 2025, bill passed in House.
On Feb. 4, 2025, bill introduced in Senate; on Feb. 17, 2025, bill passed in Senate.
On Mar. 21, 2025, bill was approved by the VA governor and assigned Chapter 0247.
Effectiveness
Bill effective on Jul. 1, 2025.
Regulators
VA LEG
Entity Types
Corp
Reference
Ch. 0247, Bill HB2110, 3/21/2025; Citation: *VA LEG* 55.1-2309, 55.1-2310;