Virginia Statutes
§ 38.2-2912 — Commissions for placing and servicing risk with Association
Virginia § 38.2-2912
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 29COMMERCIAL LIABILITY INSURANCE JOINT UNDERWRITING ASSOCIATION
This text of Virginia § 38.2-2912 (Commissions for placing and servicing risk with Association) 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. § 38.2-2912 (2026).
Text
For any policy issued by the Association, the commission payable to the person that places the risk with the Joint Underwriting Association or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.
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Legislative History
1988, cc. 769, 783.
Nearby Sections
15
§ 38.2-100
Definitions§ 38.2-1000
Incorporation of domestic stock insurers§ 38.2-1001
Incorporation of domestic mutual insurers§ 38.2-1004
Voting§ 38.2-1005
Certain mutual companies and societies not to become stock companies without approval of Commission§ 38.2-1005.1:1
Definitions§ 38.2-1005.1:10
Conflicts of interest§ 38.2-1005.1:11
Costs and expenses§ 38.2-1005.1:12
Failure to give notice§ 38.2-1005.1:13
Limitation on actionsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 38.2-2912, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-2912.