Virginia Statutes
§ 38.2-3803 — Licensing of additional companies prohibited
Virginia § 38.2-3803
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 38COOPERATIVE NONPROFIT LIFE BENEFIT COMPANIES
Art. 1General Provisions
This text of Virginia § 38.2-3803 (Licensing of additional companies prohibited) 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. § 38.2-3803 (2026).
Text
Any company that was not licensed and doing business in this Commonwealth on July 1, 1952, shall not be issued a license to do the business of insurance in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by the company for the preceding year will be issued.
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Legislative History
1952, c. 317, § 38.1-499; 1986, c. 562.
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 § 38.2-3803, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3803.