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Current as of January 01, 2025 | Updated by Findlaw Staff
Any person submitting business, in violation of § 38.2-1822, while the person is not a holder of a valid agent's license to transact the class of insurance involved shall be penalized a sum equal to the first year commission for the placement of that business and in addition shall be subject to the penalties prescribed in §§ 38.2-218 and 38.2-1831.
Cite this article: FindLaw.com - Virginia Code Title 38.2. Insurance § 38.2-1823. Penalty for acting for insurer, joint underwriting association, etc., when not licensed - last updated January 01, 2025 | https://codes.findlaw.com/va/title-38-2-insurance/va-code-sect-38-2-1823/
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