Fidelity and surety insurer not to transact insurance without appropriate license

Va. Code Ann. § 38.2-2402, under Chapter 24. Fidelity and Surety Insurance..

Va. Code Ann. § 38.2-2402

No fidelity and surety insurer shall transact the business of fidelity insurance or surety insurance without first obtaining a license from the Commission to transact that class of insurance.