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64 chapters · 1,789 sections in this title.
Va. Code Ann. § 38.2-4700 What persons deemed insurance premium finance companies
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A. Any person engaged in whole or in part in financing premiums for insurance on subjects of insurance resident, located or to be performed in this Commonwealth shall be an insurance premium finance company subject to this chapter. Any person who acquires agreements for this fina…
Va. Code Ann. § 38.2-4701 License required; application; fee
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No person shall act as an insurance premium finance company in this Commonwealth until that person has obtained a license from the Commission as provided in this chapter. Application for a license shall be made in writing in the form prescribed by the Commission and shall be acco…
Va. Code Ann. § 38.2-4702 Investigation of applicant; issuance of license
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Upon the filing of an application and the payment of the application fee, the Commission shall make an investigation of the applicant. The Commission shall issue a license, expiring on June 30 immediately following the date of issuance, if it finds that (i) the application is in …
Va. Code Ann. § 38.2-4703 Renewal of license
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Subject to the provisions of § 38.2-4704, a licensed insurance premium finance company may renew its license on July 1 of each year, upon payment of a nonrefundable annual license fee of $200, unless the license has been surrendered, suspended or revoked.