78792238.2-210Virginia Decodedhttps://vacode.org2016InsuranceProvisions Of A General NatureLoans to officers, directors, etc., prohibitedCode 1950, § 38-4.1; 1952, c. 317, § 38.1-33; 1978, c. 701; 1986, c. 562.http://law.lis.virginia.gov/vacode/38.2-210/38.2-211Other interests and payments to officers, directors, etc., prohibited/38.2-211/38.2-212Certain compensation not prohibited/38.2-212//38.2-210/38.2/2/38.2-21038.2-21138.2-21238.2-213Except as provided in § 38.2-212, no insurer, legal services plan, health services plan, dental or optometric services plan, health maintenance organization, or home protection company, transacting business in this Commonwealth shall make a loan, either directly or indirectly, to any of its officers or directors. No such company shall make a loan to any other corporation or business unit in which any of its officers or directors has a substantial interest. No such officer or director shall accept or receive any such loan directly or indirectly.sectionAA1