§ 38.2-213. Violation of { 38.2-210 or { 38.2-211
Any company, officer or director violating any provision of § 38.2-210 or § 38.2-211 shall be guilty upon conviction of a Class 1 misdemeanor. Any funds of any company invested or used in violation of either of § 38.2-210 or § 38.2-211 may not be reported as an admitted asset in accordance with guidance set forth in the National Association of Insurance Commissioners accounting practices and procedures manuals.
(Code 1950, § 38-4.4; 1952, c. 317, § 38.1-36; 1986, c. 562; 2000, c. 46.)
Sections: Previous 38.2-206 38.2-207 38.2-208 38.2-209 38.2-210 38.2-211 38.2-212 38.2-213 38.2-214 38.2-215 38.2-216 38.2-217 38.2-218 38.2-219 38.2-220 NextLast modified: April 16, 2009