§ 38.2-4810. Issuance and delivery of surplus lines policies; prior authority or information required
Each policy or other written evidence of insurance procured pursuant to this chapter shall be delivered promptly to the Insured. No surplus lines broker shall issue or deliver any policy or other written evidence of insurance or represent that insurance will be or has been granted by an unlicensed insurer unless (i) he has prior written authority from such insurer for the insurance, (ii) he has received information from the insurer in the regular course of business that the insurance has been granted, or (iii) an insurance policy providing the insurance actually has been issued by the insurer and delivered to the Insured.
(Code 1950, § 38.1-314.10; 1960, c. 503; 1979, c. 513, § 38.1-327.55; 1984, c. 719; 1986, c. 562.)
Sections: Previous 38.2-4800 38.2-4806 38.2-4807 38.2-4808 38.2-4809 38.2-4810 38.2-4811 38.2-4812 38.2-4813 38.2-4814 38.2-4815 NextLast modified: April 3, 2009