Virginia

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  • Title 38.2: Insurance
  • Chapter 47: Insurance Premium Finance Companies

Insurance Premium Finance Companies

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Chapter 47 of the Code of Virginia, titled “Insurance Premium Finance Companies.” It is part of Title 38.2 “Insurance”.

It’s comprised of the following 13 sections.

§ 38.2-4700 What persons deemed insurance premium finance companies
§ 38.2-4701 License required; application; fee
§ 38.2-4702 Investigation of applicant; issuance of license
§ 38.2-4703 Renewal of license
§ 38.2-4704 Suspension, revocation or failure to renew license; imposition of penalty
§ 38.2-4705 Maximum interest rate and maximum service charge on premium finance agreement
§ 38.2-4706 Default charge; bad check charge
§ 38.2-4707 Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited
§ 38.2-4708 Examination of books and records of company; bond; rules and regulations; order by Commission to remedy concerns
§ 38.2-4709 Disposition of license and other fees
§ 38.2-4710 Penalty for engaging in business without license
§ 38.2-4711 Exemptions
§ 38.2-4712 Validity of secured transactions

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