Code of Virginia - Title 38.2 Insurance - Section 38.2-1208 Additional requirements, foreign and alien reciprocals

§ 38.2-1208. Additional requirements, foreign and alien reciprocals

No foreign reciprocal shall be licensed to transact the business of insurance in this Commonwealth unless it has filed with the Commission a certificate of the supervising insurance official of the state in which it is organized. The certificate shall show that the foreign reciprocal is licensed to write and is writing actively in that state the class of insurance it proposes to write in this Commonwealth. No alien reciprocal shall be licensed to transact the business of insurance until it has filed with the Commission a certificate of the supervising insurance official of (i) the state through which it entered the United States or (ii) the alien reciprocal's domiciliary country. The certificate shall show that the alien reciprocal is licensed to write and is writing actively in that state or country the class of insurance it proposes to write in this Commonwealth.

(1952, c. 317, § 38.1-696; 1986, c. 562.)

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Last modified: April 3, 2009