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Code · Virginia · Title 38.2 · Chapter 18

Code of Virginia § 38.2-1857.6. Accepting and placing surplus lines business.

107 words·~1 min read·/va/title-38-2/chapter-18/38-2-1857-6·

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No surplus lines broker shall accept surplus lines business from any person other than an applicant for insurance or a duly licensed property or casualty insurance agent, nor shall such surplus lines broker compensate any person other than a duly licensed property or casualty insurance agent for such business. No person other than an applicant for insurance or a duly licensed property or casualty insurance agent shall place surplus lines business with a surplus lines broker licensed under this article nor shall any person other than a duly licensed property or casualty insurance agent accept compensation for such business.
2001, c. 706 ; 2011, c. 498 .
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