Code of Virginia - Title 38.2 Insurance - Section 38.2-1826 Requirement to report to Commission

§ 38.2-1826. Requirement to report to Commission

A. Each licensed agent shall report within thirty calendar days to the Commission, and to every insurer for which he is appointed any change in his residence or name.

B. Each licensed agent convicted of a felony shall report within thirty calendar days to the Commission the facts and circumstances regarding the criminal conviction.

C. Each licensed agent shall report to the Commission within thirty calendar days of the final disposition of the matter any administrative action taken against him in another jurisdiction or by another governmental agency in this Commonwealth. Such report shall include a copy of the order, consent to order or other relevant legal documents.

D. The license authority of any licensed resident agent shall terminate immediately when such agent has moved his residence from this Commonwealth, whether or not the Commission has been notified of such move.

(1979, c. 513, § 38.1-327.37; 1986, c. 562; 1987, c. 521; 1999, c. 59; 2001, c. 706.)

Sections:  Previous  38.2-1820  38.2-1821  38.2-1821.1  38.2-1822  38.2-1823  38.2-1824  38.2-1825  38.2-1826  38.2-1827  38.2-1828  38.2-1829  38.2-1830  38.2-1831  38.2-1832  38.2-1833  Next

Last modified: April 3, 2009