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2018 Code of Virginia
Title 38.2 - Insurance
Chapter 38 - Cooperative Nonprofit Life Benefit Companies
§ 38.2-3803. Licensing of additional companies prohibited
Universal Citation: VA Code § 38.2-3803 (2018)
Any company that was not licensed and doing business in this Commonwealth on July 1, 1952, shall not be issued a license to do the business of insurance in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by the company for the preceding year will be issued.
1952, c. 317, ยง 38.1-499; 1986, c. 562.
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