Code of Virginia - Title 38.2 Insurance - Section 38.2-1857.6 Accepting and placing surplus lines business

§ 38.2-1857.6. Accepting and placing surplus lines business

No surplus lines broker shall accept surplus lines business from any person other than an applicant for insurance or a duly licensed property or casualty insurance agent, nor shall such surplus lines broker compensate any person other than a duly licensed property or casualty insurance agent for such business. No person other than an applicant for insurance or a duly licensed property or casualty insurance agent shall place surplus lines business with a surplus lines broker licensed under this chapter nor shall any person other than a duly licensed property or casualty insurance agent accept compensation for such business.

(2001, c. 706.)

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Last modified: April 3, 2009