Virginia Code 38.2-1042: Agent’s authority likewise suspended or revoked
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Upon the suspension or revocation of the license of any insurer, the Commission shall suspend or revoke the authority of the insurer’s agents in this Commonwealth to act for the insurer.
Terms Used In Virginia Code 38.2-1042
- Commission: means the State Corporation Commission. See Virginia Code 38.2-100
- Insurer: means an insurance company. See Virginia Code 38.2-100
1952, c. 317, § 38.1-101; 1986, c. 562.