{"data":{"id":"us-va/va.-code-38.2-701","jurisdiction":"us-va","citation":"Va. Code § 38.2-701","heading":"When director of a domestic insurer may be a director of another insurer","body":"Any domestic insurer may have a director who is also a director of another domestic, foreign or alien insurer, unless the effect thereof (i) substantially lessens competition generally or (ii) tends to create a monopoly, in the business of insurance.1952, c. 317, § 38.1-59; 1986, c. 562.","path":["Title 38.2. INSURANCE","Chapter 7. ANTITRUST PROVISIONS"],"source_url":"https://law.lis.virginia.gov/vacode/38.2-701/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:16:05Z","sha256":"0455fda2bcb3777dad18ce86c3cc07c84e3cd8a5c37462c1606da91823a4908b","source_id":"us-va","stale":true,"prev":"us-va/va.-code-38.2-700","next":"us-va/va.-code-38.2-702"},"notice":"GroundRules: Original legal text. Not legal advice."}