Va. Code § 38.2-2017: No rule prohibiting or regulating payment of dividends, etc., to be adopted
Where this section sits in the code
- Title 38.2. INSURANCE
- Chapter 20. REGULATION OF RATES FOR CERTAIN TYPES OF INSURANCE
- Article 2. RATE FILINGS AND MAKING OF RATES
No rate service organization subject to this chapter shall adopt any rule prohibiting or regulating the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.Code 1950, §§ 38-253.12, 38-253.58; 1952, c. 317, § 38.1-267; 1986, c. 562.
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