§ 38.2-1027. Admission of foreign and alien insurers
Before transacting any insurance business in this Commonwealth, each foreign or alien insurer shall obtain a certificate of authority and shall comply with the applicable provisions of Article 17 (§ 13.1-757 et seq.) of Chapter 9 of Title 13.1 in the case of a stock insurer and of Article 14 (§ 13.1-919 et seq.) of Chapter 10 of Title 13.1 in the case of a mutual insurer. The certificate shall be in addition to the license to transact the business of insurance required by § 38.2-1024.
(Code 1950, §§ 38-32, 38-34; 1952, c. 317, § 38.1-83; 1956, c. 431; 1986, c. 562.)
Sections: Previous 38.2-1020 38.2-1021 38.2-1022 38.2-1023 38.2-1024 38.2-1025 38.2-1026 38.2-1027 38.2-1028 38.2-1029 38.2-1030 38.2-1031 38.2-1032 38.2-1033 38.2-1034 NextLast modified: April 16, 2009