Code of Virginia - Title 38.2 Insurance - Section 38.2-2912 Commissions for placing and servicing risk with Association

§ 38.2-2912. Commissions for placing and servicing risk with Association

For any policy issued by the Association, the commission payable to the person that places the risk with the Joint Underwriting Association or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.

(1988, cc. 769, 783.)

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Last modified: April 3, 2009