Code of Virginia - Title 38.2 Insurance - Section 38.2-4710 Penalty for engaging in business without license

§ 38.2-4710. Penalty for engaging in business without license

Any person engaging in the business of financing insurance premiums in this Commonwealth without obtaining a license as required under this chapter shall be subject to a fine of not more than $100 for each day that person operates without a license. The fine shall be imposed and judgment entered by the Commission after ten days' notice has been given to the defendant by rule to show cause.

(1964, c. 147, § 38.1-744; 1986, c. 562.)

Sections:  Previous  38.2-4700  38.2-4701  38.2-4702  38.2-4703  38.2-4704  38.2-4705  38.2-4706  38.2-4707  38.2-4708  38.2-4709  38.2-4710  38.2-4711  38.2-4712  Next

Last modified: April 3, 2009