Section 40. Compliance with insurance laws

Latest version.

Persons soliciting the sale of noncredit-related life insurance in licensed consumer finance offices shall be licensed to do so, as required under Virginia insurance laws. The underwriter and selling company of noncredit-related life insurance sold in licensed consumer finance offices shall be authorized to transact the insurance business, as required under Virginia insurance laws.

Historical Notes

Derived from VR225-01-0607 § 4, eff. July 1, 1995.

Statutory Authority

§ 6.2-1535 of the Code of Virginia.

                    
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