A. Agents of societies shall be licensed as life and health agents in accordance with Chapter 18 (§ 38.2-1800 et seq.) of this title regulating the licensing, revocation, suspension or termination of licenses of resident and nonresident agents.

Terms Used In Virginia Code 38.2-4132

  • Commission: means the State Corporation Commission. See Virginia Code 38.2-100
  • Dependent: A person dependent for support upon another.
  • Society: means fraternal benefit society, unless otherwise indicated. See Virginia Code 38.2-4103

B. No examination or license shall be required of any regular salaried officer, employee or member of a licensed society who devotes substantially all of his or her services to activities other than the solicitation of fraternal insurance contracts from the public, and who receives for the solicitation of such contracts no commission or other compensation directly dependent upon the amount of business obtained.

1968, c. 654, § 38.1-638.37; 1986, c. 562.

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