Virginia Statutes

§ 38.2-1857.1 — Property and casualty insurance agents may be licensed as surplus lines brokers for certain insurance from eligible nonadmitted insurers

Virginia § 38.2-1857.1
JurisdictionVirginia
Title 38.2Insurance
Ch. 18Insurance Agents
Art. 5.1LICENSING OF SURPLUS LINES BROKERS

This text of Virginia § 38.2-1857.1 (Property and casualty insurance agents may be licensed as surplus lines brokers for certain insurance from eligible nonadmitted insurers) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 38.2-1857.1 (2026).

Text

The Commission may issue a surplus lines broker's license to any individual or business entity actively licensed as a property and casualty insurance agent for the procuring of insurance of the classes enumerated in §§ 38.2-109 through 38.2-122.2 and §§ 38.2-124 through 38.2-134 from eligible nonadmitted insurers in the Commonwealth. However, nothing in this article or in Chapter 48 (§ 38.2-4805.1 et seq.) shall apply to the sale, solicitation, or negotiation of (i) the contracts of insurance cited in subsection C of § 38.2-1802 or (ii) contracts of insurance for any insured whose home state, as defined in § 38.2-4805.2, is a state other than the Commonwealth.

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Legislative History

2001, c. 706; 2011, c. 498; 2018, c. 205.

Nearby Sections

15
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Bluebook (online)
Virginia § 38.2-1857.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-1857.1.