™Your Policy Risk Impact Agent
49 chapters · 915 sections in this title.
22 V.I.C. § 320 Short title
0.1K chars
This chapter may be cited as “The Virgin Islands Insurance Holding Company System Regulatory Act”.
22 V.I.C. § 321 Definitions
9.8K chars
(a) As used in this chapter:(a) “Affiliate” means a person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the person specified.(b) “Commissioner” means the Commissioner of Insurance of the Virgin Is…
22 V.I.C. § 322 Subsidiaries of insurers
10.7K chars
(a) Any domestic insurer, either by itself or in cooperation with one or more persons. may organize or acquire one or more subsidiaries engaged in the following kinds of business:(1) any kind of insurance business authorized by the jurisdiction in which it is incorporated;(2) act…
22 V.I.C. § 323 Acquisition of control of or merger with domestic insurer
32.3K chars
(a) (1) No person other than the issuer may make a tender offer for or a request or invitation for tenders of, or enter into any agreement to exchange securities for, seek to acquire, or acquire, in the open market or otherwise, any voting security of a domestic insurer if, after…
