Va. Code § 38.2-1823

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-1823 - Penalty for acting for insurer, joint underwriting association, etc., when not licensed

Any person submitting business, in violation of § 38.2-1822, while the person is not a holder of a valid agent's license to transact the class of insurance involved shall be penalized a sum equal to the first year commission for the placement of that business and in addition shall be subject to the penalties prescribed in §§ 38.2-218 and 38.2-1831.

1979, c. 513, § 38.1-327.34; 1981, c. 604; 1985, c. 616; 1986, c. 562; 1987, c. 521.

Amended by Acts 1987, § c. 521.

Amended by Acts 1986, § c. 562.

Amended by Acts 1985, § c. 616.

Amended by Acts 1981, § c. 604.

Amended by Acts 1979, § c. 513, § 38.1-327.34.