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Incorporation of companies (§ 38.2-3905)
2016Any insurer that was licensed and transacting in this Commonwealth the business of mutual assessment life, accident and sickness insurance on July 1, 1985, may continue to transact that business in accordance with its license. . . .
Breast cancer underwriting and preexisting condition restrictions (§ 38.2-3407.11:3)
2016A No (i) insurer proposing to issue group accident and sickness insurance policies or individual health insurance coverage providing hospital, medical and surgical, major medical or cancer-only coverage on an expense-incurred basis, and policies or c . . .
Unclaimed demutualization proceeds (§ 55-210.4:2)
2016Unclaimed property payable or distributable in the course of the demutualization of an insurance company is presumed abandoned five years after the earlier of (i) the date of last contact with the policyholder or (ii) the date the property became pay . . .
License required; application; license fee and bond (§ 3.2-4765)
2016A No person shall do business as a cotton handler without first obtaining a license from the Commissioner. B Every person intending to do business as a cotton handler, shall make application to the Commissioner for a license on or before July 1 of e . . .
(Repealed effective October 1, 2016) Trust indentures and mortgages; security for the bonds (§ 23-50.16:28)
2016Any bond issued under this chapter may be issued pursuant to or secured by a trust indenture, deed of trust or mortgage of any project or projects or any other property of the Authority, whether or not financed, in whole or in part, from the proceeds . . .
Bonds as legal investments and lawful security (§ 15.2-4915)
2016The bonds issued pursuant to this chapter shall be and are hereby declared to be legal and authorized investments for banks, savings banks, trust companies, building and loan associations, insurance companies, fiduciaries, trustees, guardians and for . . .
Bonds made legal investments (§ 15.2-2620)
2016Bonds issued under this chapter are made securities in which public officers and bodies of the Commonwealth, counties, cities and towns and municipal subdivisions of the Commonwealth, insurance companies and associations, savings banks, savings insti . . .
Trust agreement securing bonds (§ 2.2-2265)
2016In the discretion of the Authority any bonds issued under the provisions of this article may be secured by a trust agreement by and between the Authority and a corporate trustee, which may be any trust company or bank having the powers of a trust com . . .
Admission of foreign and alien insurers (§ 38.2-1027)
2016Before transacting any insurance business in this Commonwealth, each foreign or alien insurer shall obtain a certificate of authority and shall comply with the applicable provisions of Article 17 (§ 13.1-757 et seq.) of Chapter 9 of Title 13.1 in th . . .
Aircraft liability policy not to deny coverage for violation of federal or civil regulations, etc.; permitted exclusions or conditions (§ 38.2-2227)
2016No insurance policy issued or delivered in this Commonwealth covering loss, expense, or liability arising out of the loss, maintenance, or use of an aircraft shall act to exclude or deny coverage because the aircraft is operated in violation of fede . . .