§ 38.2-412. Companies going out of business
If a company goes out of business or ceases to be a company in this Commonwealth in any assessable or license year, the company shall remain liable for the payment of the assessment measured by direct gross premium income for the period in which it operated as a company and received or derived direct gross premium income from business in this Commonwealth.
(1977, c. 317, § 38.1-48.7; 1986, c. 562.)
Sections: Previous 38.2-401.1 38.2-402 38.2-403 38.2-404 38.2-405 38.2-406 38.2-407 38.2-408 38.2-409 38.2-410 38.2-411 38.2-412 38.2-413 38.2-414 38.2-415 NextLast modified: April 3, 2009