38.2-5112 - Duty on agents or brokers. - Virginia Statutes

§ 38.2-5112. Duty on agents or brokers.

Any person acting, or offering to act, as an agent or surplus lines brokerfor a risk retention group or purchasing group, which solicits members, sellsinsurance coverage, purchases coverage for its members located within thisCommonwealth or otherwise does business in this Commonwealth shall, beforecommencing any such activity, comply with the applicable provisions ofChapters 18 and 48 of this title, relating to property and casualty insuranceagents and surplus lines brokers.

(1987, c. 585.)