{"law_id":"794009","section_number":"38.2-1824","catch_line":"Kinds of agents’ licenses and appointments issued","history":"Code 1950, \u00a7 38.1-306; 1952, c. 317; 1979, c. 513, \u00a7 38.1-327.35; 1986, c. 562; 1987, c. 521; 1988, c. 32; 1991, c. 620; 1994, c. 106; 1995, c. 167; 1998, cc. 16, 47, 164; 1999, cc. 86, 490, 586; 2001, c. 706; 2003, c. 979; 2004, c. 460; 2012, cc. 734, 735.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/38.2-1824\/","refers_to":false,"url":"\/38.2-1824\/","token":"38.2\/18\/3\/38.2-1824","structure":{"1":{"id":"1421","name":"Licensing And Appointment Of Agents.","identifier":"3","label":"article","url":"\/38.2\/18\/3\/"},"2":{"id":"66","name":"Insurance Agents","identifier":"18","label":"chapter","url":"\/38.2\/18\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"referred_to_by":[{"id":"778786","section_number":"38.2-1825","catch_line":"Duration and termination of licenses and appointments","url":"\/38.2-1825\/"}],"edition_id":"11","section_id":"794009","structure_id":"1421","full_text":"B The licenses of all individuals and business entities who on August 31, 2002, hold limited licenses to write accident and sickness insurance, or automobile insurance, or casualty insurance, or fidelity and surety bonds, or fire insurance, or life insurance and annuities, shall have such licenses automatically converted to the nearest equivalent license type provided in subsection A, and shall henceforth be subject to all prelicensing and continuing education requirements applicable to such new license type.\r\rC All individuals and business entities who on July 1, 1999, held limited licenses to write bail (appearance) bonds may remain licensed under such limited licenses until September 1, 2003, but no such license which has lapsed or been revoked shall be reinstated, and no new or additional licenses of such type shall be issued. All such limited licenses shall terminate effective September 1, 2003.\r\rD All individuals and business entities who on August 31, 2002, hold any of the restricted licenses discontinued effective September 1, 2002, shall have any such licenses converted to the appropriate limited lines license or licenses effective September 1, 2002.\r\r","text":{"0":{"id":"2562692","text":"","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1},"1":{"id":"2562693","text":" The Commission shall issue the following kinds of agents’ licenses and appointments under this chapter: Life and annuities insurance agent; health agent; property and casualty insurance agent; personal lines agent; limited lines credit insurance agent; limited lines life and health insurance agent; limited lines property and casualty insurance agent; motor vehicle rental contract insurance agent; restricted nonresident life and annuities insurance agent; restricted nonresident health agent; restricted nonresident property and casualty insurance agent; restricted nonresident personal lines agent; public adjuster; surplus lines broker; title insurance agent; variable contract agent; and viatical settlement broker. For the purposes of nonresident reciprocal licensing as provided in \u00a7 38.2-1836, the Commission may issue a license for any other limited line of insurance that the Commission may deem it necessary to recognize.","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2},"2":{"id":"2562694","text":" The Commission shall permit insurers, within each insurer’s authority, to make the following kinds of appointments: life and health insurance, property and casualty insurance, and title insurance. The appointed agent’s authority is limited to that provided by his license and may not be expanded by his appointment or by his contractual agreement with an insurer.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2},"3":{"id":"2562695","text":"The licenses of all individuals and business entities who on August 31, 2002, hold limited licenses to write accident and sickness insurance, or automobile insurance, or casualty insurance, or fidelity and surety bonds, or fire insurance, or life insurance and annuities, shall have such licenses automatically converted to the nearest equivalent license type provided in subsection A, and shall henceforth be subject to all prelicensing and continuing education requirements applicable to such new license type.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1},"4":{"id":"2562696","text":"All individuals and business entities who on July 1, 1999, held limited licenses to write bail (appearance) bonds may remain licensed under such limited licenses until September 1, 2003, but no such license which has lapsed or been revoked shall be reinstated, and no new or additional licenses of such type shall be issued. All such limited licenses shall terminate effective September 1, 2003.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1},"5":{"id":"2562697","text":"All individuals and business entities who on August 31, 2002, hold any of the restricted licenses discontinued effective September 1, 2002, shall have any such licenses converted to the appropriate limited lines license or licenses effective September 1, 2002.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1}},"ancestry":{"1":{"id":"1421","name":"Licensing And Appointment Of Agents.","identifier":"3","label":"article","url":"\/38.2\/18\/3\/"},"2":{"id":"66","name":"Insurance Agents","identifier":"18","label":"chapter","url":"\/38.2\/18\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"structure_contents":{"0":{"id":"766369","structure_id":"1421","section_number":"38.2-1819","catch_line":"Application for license; fee required","url":"\/38.2-1819\/","token":"38.2\/18\/3\/38.2-1819"},"1":{"id":"781597","structure_id":"1421","section_number":"38.2-1820","catch_line":"Issuance of license","url":"\/38.2-1820\/","token":"38.2\/18\/3\/38.2-1820"},"2":{"id":"796102","structure_id":"1421","section_number":"38.2-1821","catch_line":"Revocation, etc., of license revokes appointment","url":"\/38.2-1821\/","token":"38.2\/18\/3\/38.2-1821"},"3":{"id":"782804","structure_id":"1421","section_number":"38.2-1821.1","catch_line":"Exceptions to licensing","url":"\/38.2-1821.1\/","token":"38.2\/18\/3\/38.2-1821.1"},"4":{"id":"774885","structure_id":"1421","section_number":"38.2-1822","catch_line":"License required of individual and business entity agents; individual acting for business entity licensee","url":"\/38.2-1822\/","token":"38.2\/18\/3\/38.2-1822"},"5":{"id":"774354","structure_id":"1421","section_number":"38.2-1823","catch_line":"Penalty for acting for insurer, joint underwriting association, etc., when not licensed","url":"\/38.2-1823\/","token":"38.2\/18\/3\/38.2-1823"},"6":{"id":"794009","structure_id":"1421","section_number":"38.2-1824","catch_line":"Kinds of agents' licenses and appointments issued","url":"\/38.2-1824\/","token":"38.2\/18\/3\/38.2-1824"},"7":{"id":"778786","structure_id":"1421","section_number":"38.2-1825","catch_line":"Duration and termination of licenses and appointments","url":"\/38.2-1825\/","token":"38.2\/18\/3\/38.2-1825"},"8":{"id":"780948","structure_id":"1421","section_number":"38.2-1826","catch_line":"Requirement to report to Commission","url":"\/38.2-1826\/","token":"38.2\/18\/3\/38.2-1826"},"9":{"id":"786340","structure_id":"1421","section_number":"38.2-1827","catch_line":"Appointment may include one or more classes of insurance","url":"\/38.2-1827\/","token":"38.2\/18\/3\/38.2-1827"},"10":{"id":"778252","structure_id":"1421","section_number":"38.2-1828","catch_line":"Selling accident and sickness insurance","url":"\/38.2-1828\/","token":"38.2\/18\/3\/38.2-1828"},"11":{"id":"777886","structure_id":"1421","section_number":"38.2-1829","catch_line":"Repealed","url":"\/38.2-1829\/","token":"38.2\/18\/3\/38.2-1829"},"12":{"id":"768895","structure_id":"1421","section_number":"38.2-1830","catch_line":"Temporary licenses and appointments; when issued","url":"\/38.2-1830\/","token":"38.2\/18\/3\/38.2-1830"},"13":{"id":"776744","structure_id":"1421","section_number":"38.2-1831","catch_line":"Grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1831\/","token":"38.2\/18\/3\/38.2-1831"},"14":{"id":"784572","structure_id":"1421","section_number":"38.2-1832","catch_line":"Refusal to issue and revocation of license; hearing; new application","url":"\/38.2-1832\/","token":"38.2\/18\/3\/38.2-1832"},"15":{"id":"772356","structure_id":"1421","section_number":"38.2-1833","catch_line":"Appointments of agents","url":"\/38.2-1833\/","token":"38.2\/18\/3\/38.2-1833"},"16":{"id":"776140","structure_id":"1421","section_number":"38.2-1834","catch_line":"Duration of appointment; annual renewal of agent's appointment","url":"\/38.2-1834\/","token":"38.2\/18\/3\/38.2-1834"},"17":{"id":"792128","structure_id":"1421","section_number":"38.2-1834.1","catch_line":"Notification to Commission of termination; notice to agent; immunities; confidentiality; penalties","url":"\/38.2-1834.1\/","token":"38.2\/18\/3\/38.2-1834.1"},"18":{"id":"796456","structure_id":"1421","section_number":"38.2-1835","catch_line":"Failure to appoint","url":"\/38.2-1835\/","token":"38.2\/18\/3\/38.2-1835"},"19":{"id":"792928","structure_id":"1421","section_number":"38.2-1836","catch_line":"Licensing nonresidents; reciprocal agreements with other states and Canadian provinces","url":"\/38.2-1836\/","token":"38.2\/18\/3\/38.2-1836"},"20":{"id":"778954","structure_id":"1421","section_number":"38.2-1836.1","catch_line":"Authority of Commission to delegate certain functions","url":"\/38.2-1836.1\/","token":"38.2\/18\/3\/38.2-1836.1"}},"previous_section":{"id":"774354","structure_id":"1421","section_number":"38.2-1823","catch_line":"Penalty for acting for insurer, joint underwriting association, etc., when not licensed","url":"\/38.2-1823\/","token":"38.2\/18\/3\/38.2-1823"},"next_section":{"id":"778786","structure_id":"1421","section_number":"38.2-1825","catch_line":"Duration and termination of licenses and appointments","url":"\/38.2-1825\/","token":"38.2\/18\/3\/38.2-1825"},"references":false,"formats":{"txt":"\/38.2-1824.txt","json":"\/38.2-1824.json","xml":"\/38.2-1824.xml"},"dublin_core":{"Title":"Kinds of agents’ licenses and appointments issued","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1824","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nKINDS OF AGENTS’ LICENSES AND APPOINTMENTS ISSUED (\u00a7 38.2-1824)\n\nA. \n\n   1.  The Commission shall issue the following kinds of agents’ licenses\n   and appointments under this chapter: Life and annuities insurance agent;\n   health agent; property and casualty insurance agent; personal lines agent;\n   limited lines credit insurance agent; limited lines life and health insurance\n   agent; limited lines property and casualty insurance agent; motor vehicle\n   rental contract insurance agent; restricted nonresident life and annuities\n   insurance agent; restricted nonresident health agent; restricted nonresident\n   property and casualty insurance agent; restricted nonresident personal lines\n   agent; public adjuster; surplus lines broker; title insurance agent; variable\n   contract agent; and viatical settlement broker. For the purposes of\n   nonresident reciprocal licensing as provided in \u00a7 38.2-1836, the Commission\n   may issue a license for any other limited line of insurance that the\n   Commission may deem it necessary to recognize.\n\n   2.  The Commission shall permit insurers, within each insurer’s\n   authority, to make the following kinds of appointments: life and health\n   insurance, property and casualty insurance, and title insurance. The appointed\n   agent’s authority is limited to that provided by his license and may not\n   be expanded by his appointment or by his contractual agreement with an\n   insurer.\n\nB. The licenses of all individuals and business entities who on August 31, 2002,\nhold limited licenses to write accident and sickness insurance, or automobile\ninsurance, or casualty insurance, or fidelity and surety bonds, or fire\ninsurance, or life insurance and annuities, shall have such licenses\nautomatically converted to the nearest equivalent license type provided in\nsubsection A, and shall henceforth be subject to all prelicensing and continuing\neducation requirements applicable to such new license type.\n\nC. All individuals and business entities who on July 1, 1999, held limited\nlicenses to write bail (appearance) bonds may remain licensed under such limited\nlicenses until September 1, 2003, but no such license which has lapsed or been\nrevoked shall be reinstated, and no new or additional licenses of such type\nshall be issued. All such limited licenses shall terminate effective September\n1, 2003.\n\nD. All individuals and business entities who on August 31, 2002, hold any of the\nrestricted licenses discontinued effective September 1, 2002, shall have any\nsuch licenses converted to the appropriate limited lines license or licenses\neffective September 1, 2002.\n\nHISTORY: Code 1950, \u00a7 38.1-306; 1952, c. 317; 1979, c. 513, \u00a7 38.1-327.35;\n1986, c. 562; 1987, c. 521; 1988, c. 32; 1991, c. 620; 1994, c. 106; 1995, c.\n167; 1998, cc. 16, 47, 164; 1999, cc. 86, 490, 586; 2001, c. 706; 2003, c. 979;\n2004, c. 460; 2012, cc. 734, 735."}