Virginia Code 38.2-4707: Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited
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No form of premium finance agreement or any related form shall be used until it is approved by the Commission. No such form shall contain any statements that are materially false or misleading or omit statements necessary to prevent the form from being in any material way false or misleading.
Terms Used In Virginia Code 38.2-4707
- Commission: means the State Corporation Commission. See Virginia Code 38.2-100
1964, c. 147, § 38.1-741; 1981, c. 107; 1986, c. 562.