Code of Virginia - Title 38.2 Insurance - Section 38.2-1857.1 Property and casualty insurance agents may be licensed as surplus lines brokers for certain insuran...

§ 38.2-1857.1. Property and casualty insurance agents may be licensed as surplus lines brokers for certain insuran...

The Commission may issue a surplus lines broker's license to any individual or business entity actively licensed as a property and casualty insurance agent for the procuring of insurance of the classes enumerated in §§ 38.2-109 through 38.2-122 and §§ 38.2-124 through 38.2-134 from insurers not licensed to transact insurance business in this Commonwealth. However, nothing in this chapter or in Chapter 48 (§ 38.2-4806 et seq.) of this title shall apply to the sale, solicitation or negotiation of the contracts of insurance cited in subsection C of § 38.2-1802.

(2001, c. 706.)

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Last modified: April 16, 2009