Code of Virginia § 38.2-2017. No rule prohibiting or regulating payment of dividends, etc., to be adopted.
48 words·~1 min read·
/va/title-38-2/chapter-20/38-2-2017A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No rate service organization subject to this chapter shall adopt any rule prohibiting or regulating the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.
Code 1950, §§ 38-253.12, 38-253.58; 1952, c. 317, § 38.1-267; 1986, c. 562.