There is a newer version of the Code of Virginia
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-701. When director of a domestic insurer may be a director of another insurer


VA Code § 38.2-701 (2014) What's This?

Any domestic insurer may have a director who is also a director of another domestic, foreign or alien insurer, unless the effect thereof (i) substantially lessens competition generally or (ii) tends to create a monopoly, in the business of insurance.

1952, c. 317, ยง 38.1-59; 1986, c. 562.

Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.