<?xml version="1.0"?>
<law><law_id>794009</law_id><section_number>38.2-1824</section_number><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><edition url="https://vacode.org/2016/" id="11" last_updated="2016-07-24" current="TRUE">2016</edition><structure><unit level="1" identifier="38.2" url="https://vacode.org/2016/38.2/">Insurance</unit><unit level="2" identifier="18" url="https://vacode.org/2016/38.2/18/">Insurance Agents</unit><unit level="3" identifier="3" url="https://vacode.org/2016/38.2/18/3/">Licensing And Appointment Of Agents.</unit></structure><catch_line/><history>Code 1950, &#xA7; 38.1-306; 1952, c. 317; 1979, c. 513, &#xA7; 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.</history><order_by/><metadata/><court_decisions/><official_url>http://law.lis.virginia.gov/vacode/38.2-1824/</official_url><refers_to/><url>/38.2-1824/</url><token>38.2/18/3/38.2-1824</token><referred_to_by/><text><section id="2562692" prefix="A"><text/><type>section</type><prefixes><section>A</section></prefixes><entire_prefix>A</entire_prefix><prefix_anchor>A</prefix_anchor><level>1</level></section><section id="2562693" prefix="1"><text/><type>section</type><prefixes><section>A</section><section>1</section></prefixes><entire_prefix>A1</entire_prefix><prefix_anchor>A1</prefix_anchor><level>2</level></section><section id="2562694" prefix="2"><text/><type>section</type><prefixes><section>A</section><section>2</section></prefixes><entire_prefix>A2</entire_prefix><prefix_anchor>A2</prefix_anchor><level>2</level></section><section id="2562695" prefix="B"><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.</text><type>section</type><prefixes><section>B</section></prefixes><entire_prefix>B</entire_prefix><prefix_anchor>B</prefix_anchor><level>1</level></section><section id="2562696" prefix="C"><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.</text><type>section</type><prefixes><section>C</section></prefixes><entire_prefix>C</entire_prefix><prefix_anchor>C</prefix_anchor><level>1</level></section><section id="2562697" prefix="D"><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.</text><type>section</type><prefixes><section>D</section></prefixes><entire_prefix>D</entire_prefix><prefix_anchor>D</prefix_anchor><level>1</level></section></text></law>
