{"data":{"id":"us-va/va.-code-38.2-1029","jurisdiction":"us-va","citation":"Va. Code § 38.2-1029","heading":"Additional licensing requirements for mutual insurers","body":"No mutual insurer shall be licensed to transact the business of insurance in this Commonwealth unless it has a surplus of at least $1,600,000.Code 1950, § 38-514; 1952, c. 317, § 38.1-94; 1966, c. 580; 1978, c. 20; 1986, c. 562; 1991, c. 261.","path":["Title 38.2. INSURANCE","Chapter 10. ORGANIZATION, ADMISSION AND LICENSING OF INSURERS","Article 5. LICENSING OF INSURERS"],"source_url":"https://law.lis.virginia.gov/vacode/38.2-1029/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:16:05Z","sha256":"4bdfb380b242bbf12806383bb9bbbd6f745265fd20ae65963a7f380be5515489","source_id":"us-va","stale":true,"prev":"us-va/va.-code-38.2-1028","next":"us-va/va.-code-38.2-1030"},"notice":"GroundRules: Original legal text. Not legal advice."}