Code of Virginia - Title 38.2 Insurance - Section 38.2-3803 Licensing of additional companies prohibited

§ 38.2-3803. Licensing of additional companies prohibited

Any company that was not licensed and doing business in this Commonwealth on July 1, 1952, shall not be issued a license to do the business of insurance in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by the company for the preceding year will be issued.

(1952, c. 317, § 38.1-499; 1986, c. 562.)

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Last modified: April 3, 2009