§ 38.2-1357. Requirement to report to Commission
A. Each licensed reinsurance intermediary shall report any change in business or residence address or name within thirty calendar days to the Commission and to any contracted insurer.
B. In addition to the requirements of §§ 59.1-69 and 59.1-70, any individual or business entity licensed as a reinsurance intermediary in this Commonwealth and operating under an assumed or fictitious name shall notify the Commission, at the earlier of the time the application for a reinsurance intermediary license is filed or within thirty calendar days from the date the assumed or fictitious name is adopted, setting forth the name under which the reinsurance intermediary intends to operate in Virginia. The Commission shall also be notified within thirty calendar days from the date of cessation of the use of such assumed or fictitious name.
C. Each licensed reinsurance intermediary convicted of a felony shall report within thirty calendar days to the Commission the facts and circumstances regarding the criminal conviction.
(2001, c. 706.)
Sections: Previous 38.2-1350 38.2-1351 38.2-1352 38.2-1353 38.2-1354 38.2-1355 38.2-1356 38.2-1357 38.2-1358 38.2-1359 38.2-1360 38.2-1361 38.2-1362 38.2-1363 38.2-1364 NextLast modified: April 16, 2009