Code of Virginia - Title 58.1 Taxation - Section 58.1-2529 Other provisions of this chapter not affected by this article; insurance companies going out of bus...

§ 58.1-2529. Other provisions of this chapter not affected by this article; insurance companies going out of bus...

Nothing in this article shall be construed as affecting other provisions of this chapter except to the extent required to give this article full effect. If an insurance company goes out of business or ceases to be an insurance company in this Commonwealth in any taxable or license year, such an event shall not relieve the company of the payment of the tax measured by direct gross premium income for the period in which the company operated as an insurance company and received or derived direct gross premium income from business in this Commonwealth.

(Code 1950, § 58-502.7; 1968, c. 13; 1984, c. 675.)

Sections:  Previous  58.1-2509  58.1-2510  58.1-2511  58.1-2520  58.1-2521  58.1-2522  58.1-2523  58.1-2524  58.1-2525  58.1-2526  58.1-2527  58.1-2528  58.1-2529  58.1-2530  58.1-2531  Next

Last modified: April 3, 2009