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64 chapters · 1,789 sections in this title.
Va. Code Ann. § 38.2-1100 Scope of chapter
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The provisions of this chapter shall apply solely to captive insurers or association captive insurers domiciled in this Commonwealth.
Va. Code Ann. § 38.2-1101 Definitions
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As used in this chapter: "Affiliated company" means (i) any company that directly or indirectly owns, controls, or holds, with power to vote, ten percent or more of the outstanding voting securities of a pure captive insurer, or (ii) any company of which ten percent or more of th…
Va. Code Ann. § 38.2-1102 Application for license; limitations on authority
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A. No captive insurer shall transact any insurance business in this Commonwealth unless (i) it is permitted to do so by its articles of incorporation or charter and (ii) it procures a license to transact the business of insurance from the Commission in accordance with Article 5 (…
Va. Code Ann. § 38.2-1103 Name
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A captive insurer shall not adopt the name of any existing company transacting a similar business or any name so familiar that it may mislead the public.