There is a newer version of the Code of Virginia
2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-1029. Additional licensing requirements for mutual insurers
VA Code § 38.2-1029 (2014) What's This?
No mutual insurer shall be licensed to transact the business of insurance in this Commonwealth unless it has a surplus of at least $1,600,000.
Code 1950, § 38-514; 1952, c. 317, § 38.1-94; 1966, c. 580; 1978, c. 20; 1986, c. 562; 1991, c. 261 .
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