14VAC5-390-50: Surety bond
Where this section sits in the code
- Title 14. Insurance
- Agency 5. State Corporation Commission, Bureau of Insurance
- Chapter 390. Rules Governing Insurance Premium Finance Companies
No application will be considered unless the applicant files with the Commission a bond in the amount of $50,000 dollars in the form prescribed by and with a corporate surety acceptable to the Commission and conditioned to protect its customers and the public in the manner prescribed by law. This bond must remain in effect at all times.
Collected 2026-09-14T04:52:01Z. Source file · JSON