Code of Virginia - Title 38.2 Insurance - Section 38.2-1922 No rule prohibiting or regulating payment of dividends, etc., to be adopted

§ 38.2-1922. No rule prohibiting or regulating payment of dividends, etc., to be adopted

No rate service organization subject to this chapter shall adopt any rule prohibiting or regulating the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.

(1973, c. 504, § 38.1-279.50; 1986, c. 562.)

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Last modified: April 3, 2009