Code of Virginia § 38.2-5112. Duty on agents or brokers.
77 words·~1 min read·
/va/title-38-2/chapter-51/38-2-5112A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any person acting, or offering to act, as an agent or surplus lines broker for a risk retention group or purchasing group, which solicits members, sells insurance coverage, purchases coverage for its members located within this Commonwealth or otherwise does business in this Commonwealth shall, before commencing any such activity, comply with the applicable provisions of Chapters 18 and 48 of this title, relating to property and casualty insurance agents and surplus lines brokers.
1987, c. 585.