{"law_id":"791679","section_number":"38.2-1857.6","catch_line":"Accepting and placing surplus lines business","history":"2001, c. 706; 2011, c. 498.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/38.2-1857.6\/","refers_to":false,"url":"\/38.2-1857.6\/","token":"38.2\/18\/5.1\/38.2-1857.6","structure":{"1":{"id":"2480","name":"Licensing Of Surplus Lines Brokers","identifier":"5.1","label":"article","url":"\/38.2\/18\/5.1\/"},"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":"774870","section_number":"38.2-1857.8","catch_line":"Refusal to issue and revocation of license; hearing; new application","url":"\/38.2-1857.8\/"}],"edition_id":"11","section_id":"791679","structure_id":"2480","full_text":"No surplus lines broker shall accept surplus lines business from any person other than an applicant for insurance or a duly licensed property or casualty insurance agent, nor shall such surplus lines broker compensate any person other than a duly licensed property or casualty insurance agent for such business. No person other than an applicant for insurance or a duly licensed property or casualty insurance agent shall place surplus lines business with a surplus lines broker licensed under this article nor shall any person other than a duly licensed property or casualty insurance agent accept compensation for such business.","text":{"0":{"id":"2554916","text":"No surplus lines broker shall accept surplus lines business from any person other than an applicant for insurance or a duly licensed property or casualty insurance agent, nor shall such surplus lines broker compensate any person other than a duly licensed property or casualty insurance agent for such business. No person other than an applicant for insurance or a duly licensed property or casualty insurance agent shall place surplus lines business with a surplus lines broker licensed under this article nor shall any person other than a duly licensed property or casualty insurance agent accept compensation for such business.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"2480","name":"Licensing Of Surplus Lines Brokers","identifier":"5.1","label":"article","url":"\/38.2\/18\/5.1\/"},"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":"772863","structure_id":"2480","section_number":"38.2-1857.1","catch_line":"Property and casualty insurance agents may be licensed as surplus lines brokers for certain insurance from unlicensed insurers","url":"\/38.2-1857.1\/","token":"38.2\/18\/5.1\/38.2-1857.1"},"1":{"id":"783222","structure_id":"2480","section_number":"38.2-1857.2","catch_line":"Applications for surplus lines brokers' licenses","url":"\/38.2-1857.2\/","token":"38.2\/18\/5.1\/38.2-1857.2"},"2":{"id":"776960","structure_id":"2480","section_number":"38.2-1857.3","catch_line":"Fees for surplus lines brokers' licenses","url":"\/38.2-1857.3\/","token":"38.2\/18\/5.1\/38.2-1857.3"},"3":{"id":"788373","structure_id":"2480","section_number":"38.2-1857.4","catch_line":"Term of licenses; renewal","url":"\/38.2-1857.4\/","token":"38.2\/18\/5.1\/38.2-1857.4"},"4":{"id":"783667","structure_id":"2480","section_number":"38.2-1857.5","catch_line":"Requirement to report to Commission","url":"\/38.2-1857.5\/","token":"38.2\/18\/5.1\/38.2-1857.5"},"5":{"id":"791679","structure_id":"2480","section_number":"38.2-1857.6","catch_line":"Accepting and placing surplus lines business","url":"\/38.2-1857.6\/","token":"38.2\/18\/5.1\/38.2-1857.6"},"6":{"id":"769211","structure_id":"2480","section_number":"38.2-1857.7","catch_line":"Grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1857.7\/","token":"38.2\/18\/5.1\/38.2-1857.7"},"7":{"id":"774870","structure_id":"2480","section_number":"38.2-1857.8","catch_line":"Refusal to issue and revocation of license; hearing; new application","url":"\/38.2-1857.8\/","token":"38.2\/18\/5.1\/38.2-1857.8"},"8":{"id":"792834","structure_id":"2480","section_number":"38.2-1857.9","catch_line":"Licensing nonresidents; clerk of the Commission to be appointed agent for service of process; reciprocal agreements with other states and Canadian provinces","url":"\/38.2-1857.9\/","token":"38.2\/18\/5.1\/38.2-1857.9"}},"previous_section":{"id":"783667","structure_id":"2480","section_number":"38.2-1857.5","catch_line":"Requirement to report to Commission","url":"\/38.2-1857.5\/","token":"38.2\/18\/5.1\/38.2-1857.5"},"next_section":{"id":"769211","structure_id":"2480","section_number":"38.2-1857.7","catch_line":"Grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1857.7\/","token":"38.2\/18\/5.1\/38.2-1857.7"},"references":false,"formats":{"txt":"\/38.2-1857.6.txt","json":"\/38.2-1857.6.json","xml":"\/38.2-1857.6.xml"},"dublin_core":{"Title":"Accepting and placing surplus lines business","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1857.6","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nACCEPTING AND PLACING SURPLUS LINES BUSINESS (\u00a7 38.2-1857.6)\n\nNo surplus lines broker shall accept surplus lines business from any person\nother than an applicant for insurance or a duly licensed property or casualty\ninsurance agent, nor shall such surplus lines broker compensate any person other\nthan a duly licensed property or casualty insurance agent for such business. No\nperson other than an applicant for insurance or a duly licensed property or\ncasualty insurance agent shall place surplus lines business with a surplus lines\nbroker licensed under this article nor shall any person other than a duly\nlicensed property or casualty insurance agent accept compensation for such\nbusiness.\n\nHISTORY: 2001, c. 706; 2011, c. 498."}