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§ 38.2-4707 Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited

No form of premium finance agreement or any related form shall be used until it is approved by the Commission. No such form shall contain any statements that are materially false or misleading or omit statements necessary to prevent the form from being in any material way false or misleading.

History

This law was first created in 1964. The record of its establishment is cataloged in chapter 147 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1964 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1981, chapter 107; in 1986, chapter 562.

1964, c. 147, § 38.1-741; 1981, c. 107; 1986, c. 562.

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