§ 38.2-1338. Applicability
This article shall not apply to any investment or subsidiary relationship that was in effect prior to June 1, 1977, between a domestic insurer and another company. However, no domestic insurer may increase its investment or ownership of voting securities or otherwise materially increase its control over the affairs of the company without prior approval of the Commission.
(1977, c. 414, § 38.1-178.14; 1986, c. 562.)
Sections: Previous 38.2-1333 38.2-1334 38.2-1334.1 38.2-1334.2 38.2-1335 38.2-1336 38.2-1337 38.2-1338 38.2-1339 38.2-1340 38.2-1341 38.2-1342 38.2-1343 38.2-1344 38.2-1345 NextLast modified: April 3, 2009