Effect of payment to surplus lines broker

Va. Code Ann. § 38.2-4808
in effect
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A. No surplus lines broker may accept a payment of premium for issuance of surplus lines insurance before placing the insurance with an eligible nonadmitted insurer. B. A payment of premium to a surplus lines broker shall be deemed to be payment to the insurer notwithstanding any policy conditions or stipulations to the contrary. 1986, c. 562; 2018, c. 205 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-4808/Fetched: 10/16/2026

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