Insurance Premium Finance Companies
This is Chapter 47 of the Code of Virginia, titled “Insurance Premium Finance Companies.” It is part of Title 38.2, titled “Insurance.” It’s comprised of the following 13 sections.
- § 38.2-4700
- What persons deemed insurance premium finance companies
- § 38.2-4701
- License required; application; fee
- § 38.2-4702
- Investigation of applicant; issuance of license
- § 38.2-4703
- Renewal of license
- § 38.2-4704
- Suspension, revocation or failure to renew license; imposition of penalty
- § 38.2-4705
- Maximum interest rate and maximum service charge on premium finance agreement
- § 38.2-4706
- Default charge; bad check charge
- § 38.2-4707
- Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited
- § 38.2-4708
- Examination of books and records of company; bond; rules and regulations; order by Commission to remedy concerns
- § 38.2-4709
- Disposition of license and other fees
- § 38.2-4710
- Penalty for engaging in business without license
- § 38.2-4711
- Exemptions
- § 38.2-4712
- Validity of secured transactions