{"law_id":"765347","section_number":"38.2-3103","catch_line":"Fraudulent procurement of policy; penalty","history":"Code 1950, \u00a7 38-369; 1952, c. 317, \u00a7 38.1-434; 1986, c. 562.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/38.2-3103\/","refers_to":[{"id":"776744","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\/"},{"id":"770114","section_number":"38.2-218","catch_line":"Penalties and restitution payments","url":"\/38.2-218\/"}],"url":"\/38.2-3103\/","token":"38.2\/31\/1\/38.2-3103","structure":{"1":{"id":"546","name":"General Provisions","identifier":"1","label":"article","url":"\/38.2\/31\/1\/"},"2":{"id":"545","name":"Life Insurance","identifier":"31","label":"chapter","url":"\/38.2\/31\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"referred_to_by":false,"edition_id":"11","section_id":"765347","structure_id":"546","full_text":"A No person shall knowingly secure, attempt to secure or cause to be secured a life insurance policy on any person who is not in an insurable condition by means of misrepresentations or false or fraudulent statements.\r\rB An insurance agent who violates this section shall be subject to penalties under \u00a7 38.2-1831 in addition to the penalties of \u00a7 38.2-218.\r\r","text":{"0":{"id":"2466130","text":"No person shall knowingly secure, attempt to secure or cause to be secured a life insurance policy on any person who is not in an insurable condition by means of misrepresentations or false or fraudulent statements.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1},"1":{"id":"2466131","text":"An insurance agent who violates this section shall be subject to penalties under \u00a7 38.2-1831 in addition to the penalties of \u00a7 38.2-218.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1}},"ancestry":{"1":{"id":"546","name":"General Provisions","identifier":"1","label":"article","url":"\/38.2\/31\/1\/"},"2":{"id":"545","name":"Life Insurance","identifier":"31","label":"chapter","url":"\/38.2\/31\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"structure_contents":{"0":{"id":"789806","structure_id":"546","section_number":"38.2-3100","catch_line":"Scope of chapter","url":"\/38.2-3100\/","token":"38.2\/31\/1\/38.2-3100"},"1":{"id":"787412","structure_id":"546","section_number":"38.2-3100.1","catch_line":"Forms of insurance authorized","url":"\/38.2-3100.1\/","token":"38.2\/31\/1\/38.2-3100.1"},"2":{"id":"767877","structure_id":"546","section_number":"38.2-3100.2","catch_line":"Funding agreements","url":"\/38.2-3100.2\/","token":"38.2\/31\/1\/38.2-3100.2"},"3":{"id":"791590","structure_id":"546","section_number":"38.2-3100.3","catch_line":"Requirements of life insurance or annuity contracts used to fund preneed funeral contracts","url":"\/38.2-3100.3\/","token":"38.2\/31\/1\/38.2-3100.3"},"4":{"id":"768167","structure_id":"546","section_number":"38.2-3101","catch_line":"Legal reserve insurers","url":"\/38.2-3101\/","token":"38.2\/31\/1\/38.2-3101"},"5":{"id":"788361","structure_id":"546","section_number":"38.2-3102","catch_line":"Domestic insurers prohibited from insuring lives and persons of residents of \"reciprocal states.\"","url":"\/38.2-3102\/","token":"38.2\/31\/1\/38.2-3102"},"6":{"id":"765347","structure_id":"546","section_number":"38.2-3103","catch_line":"Fraudulent procurement of policy; penalty","url":"\/38.2-3103\/","token":"38.2\/31\/1\/38.2-3103"},"7":{"id":"783808","structure_id":"546","section_number":"38.2-3104","catch_line":"No policy to be issued purporting to take effect more than six months before application made; conversion permitted","url":"\/38.2-3104\/","token":"38.2\/31\/1\/38.2-3104"},"8":{"id":"771120","structure_id":"546","section_number":"38.2-3105","catch_line":"What contracts with respect to life insurance may be made by minors","url":"\/38.2-3105\/","token":"38.2\/31\/1\/38.2-3105"},"9":{"id":"781694","structure_id":"546","section_number":"38.2-3106","catch_line":"Suicide and execution not grounds of defense; exception","url":"\/38.2-3106\/","token":"38.2\/31\/1\/38.2-3106"},"10":{"id":"779954","structure_id":"546","section_number":"38.2-3107","catch_line":"Incontestability of certain policies","url":"\/38.2-3107\/","token":"38.2\/31\/1\/38.2-3107"},"11":{"id":"795287","structure_id":"546","section_number":"38.2-3108","catch_line":"Misstatement of age","url":"\/38.2-3108\/","token":"38.2\/31\/1\/38.2-3108"},"12":{"id":"791390","structure_id":"546","section_number":"38.2-3109","catch_line":"Contestability of reinstated policy","url":"\/38.2-3109\/","token":"38.2\/31\/1\/38.2-3109"},"13":{"id":"782720","structure_id":"546","section_number":"38.2-3110","catch_line":"Incontestability not applicable to excluded or restricted coverage","url":"\/38.2-3110\/","token":"38.2\/31\/1\/38.2-3110"},"14":{"id":"767199","structure_id":"546","section_number":"38.2-3111","catch_line":"Assignment of life insurance policies","url":"\/38.2-3111\/","token":"38.2\/31\/1\/38.2-3111"},"15":{"id":"791553","structure_id":"546","section_number":"38.2-3112","catch_line":"Designation of testamentary trustee as beneficiary","url":"\/38.2-3112\/","token":"38.2\/31\/1\/38.2-3112"},"16":{"id":"766666","structure_id":"546","section_number":"38.2-3113","catch_line":"Variable life insurance and variable annuities; separate accounts to be established; authority to issue; reports; special voting rights and procedures for owners","url":"\/38.2-3113\/","token":"38.2\/31\/1\/38.2-3113"},"17":{"id":"768343","structure_id":"546","section_number":"38.2-3113.1","catch_line":"Modified guaranteed life insurance and modified guaranteed annuities; separate accounts; authority to issue; statements required; regulations to be issued; approval expenses","url":"\/38.2-3113.1\/","token":"38.2\/31\/1\/38.2-3113.1"},"18":{"id":"766541","structure_id":"546","section_number":"38.2-3113.2","catch_line":"Qualified charitable gift annuities; issuance not business of insurance; disclosures to donors; unfair trade practices provisions not applicable","url":"\/38.2-3113.2\/","token":"38.2\/31\/1\/38.2-3113.2"},"19":{"id":"766136","structure_id":"546","section_number":"38.2-3113.3","catch_line":"Educational loan provisions in life insurance policies","url":"\/38.2-3113.3\/","token":"38.2\/31\/1\/38.2-3113.3"},"20":{"id":"770540","structure_id":"546","section_number":"38.2-3114","catch_line":"Statements required in variable life insurance and variable annuity contracts and certificates issued pursuant to group variable life insurance and group variable annuity contracts","url":"\/38.2-3114\/","token":"38.2\/31\/1\/38.2-3114"},"21":{"id":"776409","structure_id":"546","section_number":"38.2-3115","catch_line":"Interest on life insurance and annuity contract proceeds","url":"\/38.2-3115\/","token":"38.2\/31\/1\/38.2-3115"},"22":{"id":"784074","structure_id":"546","section_number":"38.2-3115.1","catch_line":"Accelerated payment of benefits","url":"\/38.2-3115.1\/","token":"38.2\/31\/1\/38.2-3115.1"},"23":{"id":"780089","structure_id":"546","section_number":"38.2-3116","catch_line":"Commission to establish standards for simplified and readable life insurance and annuity policies","url":"\/38.2-3116\/","token":"38.2\/31\/1\/38.2-3116"},"24":{"id":"769784","structure_id":"546","section_number":"38.2-3117","catch_line":"Standards for certain policies; prohibited policies","url":"\/38.2-3117\/","token":"38.2\/31\/1\/38.2-3117"}},"previous_section":{"id":"788361","structure_id":"546","section_number":"38.2-3102","catch_line":"Domestic insurers prohibited from insuring lives and persons of residents of \"reciprocal states.\"","url":"\/38.2-3102\/","token":"38.2\/31\/1\/38.2-3102"},"next_section":{"id":"783808","structure_id":"546","section_number":"38.2-3104","catch_line":"No policy to be issued purporting to take effect more than six months before application made; conversion permitted","url":"\/38.2-3104\/","token":"38.2\/31\/1\/38.2-3104"},"references":false,"formats":{"txt":"\/38.2-3103.txt","json":"\/38.2-3103.json","xml":"\/38.2-3103.xml"},"dublin_core":{"Title":"Fraudulent procurement of policy; penalty","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3103","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nFRAUDULENT PROCUREMENT OF POLICY; PENALTY (\u00a7 38.2-3103)\n\nA. No person shall knowingly secure, attempt to secure or cause to be secured a\nlife insurance policy on any person who is not in an insurable condition by\nmeans of misrepresentations or false or fraudulent statements.\n\nB. An insurance agent who violates this section shall be subject to penalties\nunder \u00a7 38.2-1831 in addition to the penalties of \u00a7 38.2-218.\n\nHISTORY: Code 1950, \u00a7 38-369; 1952, c. 317, \u00a7 38.1-434; 1986, c. 562."}