Code of Virginia - Title 38.2 Insurance - Section 38.2-2017 No rule prohibiting or regulating payment of dividends, etc., to be adopted

§ 38.2-2017. No rule prohibiting or regulating payment of dividends, etc., to be adopted

No rate service organization subject to this chapter shall adopt any rule prohibiting or regulating the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.

(Code 1950, §§ 38-253.12, 38-253.58; 1952, c. 317, § 38.1-267; 1986, c. 562.)

Sections:  Previous  38.2-2010  38.2-2011  38.2-2012  38.2-2013  38.2-2014  38.2-2015  38.2-2016  38.2-2017  38.2-2018  38.2-2019  38.2-2020  38.2-2021  38.2-2022  38.2-2023  38.2-2024  Next

Last modified: April 3, 2009