Licensing of additional companies prohibited

Va. Code Ann. § 38.2-3803
in effect
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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. 1952, c. 317, § 38.1-499; 1986, c. 562.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-3803/Fetched: 10/16/2026

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