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Bonds as legal investments (§ 15.2-7218)
2016All bonds issued under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions and all insurance companies, trust companies, banking associations, inv . . .
Same; director as purchasing agent (§ 15.2-622)
2016The director of finance shall act as purchasing agent for the county, unless the board designates another officer or employee for such purpose. The director of finance or the person designated as purchasing agent shall make all purchases, subject to . . .
Licensing of agents (§ 38.2-4224)
2016Subscription contracts may be solicited only through life and health insurance agents licensed in accordance with Chapter 18 of this title. Home office salaried officers whose principal duties and responsibilities do not include the negotiation or so . . .
Application for license; limitations on authority (§ 38.2-1102)
2016A No captive insurer shall transact any insurance business in this Commonwealth unless (i) it is permitted to do so by its articles of incorporation or charter and (ii) it procures a license to transact the business of insurance from the Commission i . . .
When corporate status attained; bylaws filed with Commission (§ 38.2-1003)
2016A domestic mutual insurer shall have legal existence as soon as the charter has been recorded with the Commission, after which the board of directors named in the charter may adopt bylaws and accept applications for insurance. However, no insurance . . .
Right to individual policy upon termination of group policy or elimination of class of insured persons (§ 38.2-3333)
2016Each group life insurance policy shall contain a provision that if the group policy terminates or is amended so as to terminate the insurance of any class of insured persons, every person, other than a minor child insured pursuant to § 38.2-3323, wh . . .
Investments in bonds (§ 15.2-5909)
2016Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in any bonds issued by th . . .
Exceptions as to reciprocals licensed and operating (§ 38.2-1207)
2016A Notwithstanding other provisions of this chapter regarding minimum required surplus, any reciprocal that was licensed to write and was writing any class of insurance in this Commonwealth on June 30, 1991, may continue to write that class of insuran . . .
Certified escort vehicle drivers; duties and responsibilities (§ 46.2-2910)
2016A Each certified escort vehicle driver shall have in his possession his escort vehicle driver certificate and proof of insurance while escorting a permitted vehicle. The driver’s certificate, driver’s license, and proof of insurance must . . .
Joint aid agreements by localities (§ 15.2-1300.1)
2016A locality may, by ordinance or resolution, authorize its chief administrative officer to arrange for provision of aid to other localities or receipt of aid from other localities in situations where a locality does not declare a local emergency, incl . . .