2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-1826. Requirement to report to Commission


VA Code § 38.2-1826 (2014) What's This?

A. Each licensed agent shall report within thirty calendar days to the Commission, and to every insurer for which he is appointed any change in his residence or name.

B. Each licensed agent convicted of a felony shall report within thirty calendar days to the Commission the facts and circumstances regarding the criminal conviction.

C. Each licensed agent shall report to the Commission within thirty calendar days of the final disposition of the matter any administrative action taken against him in another jurisdiction or by another governmental agency in this Commonwealth. Such report shall include a copy of the order, consent to order or other relevant legal documents.

D. The license authority of any licensed resident agent shall terminate immediately when such agent has moved his residence from this Commonwealth, whether or not the Commission has been notified of such move.

1979, c. 513, ยง 38.1-327.37; 1986, c. 562; 1987, c. 521; 1999, c. 59; 2001, c. 706.

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