§ 38.2-4809.1 Licensees to pay assessments on insurers
Every licensed surplus lines broker or any person required to be licensed as a surplus lines broker shall be subject to the annual maintenance fund assessment, penalties, and other provisions of §§ 38.2-400, 38.2-403, and 38.2-406. If any person overpays the assessment, the Commission shall process a refund.
History
This law was first created in 2011. The record of its establishment is cataloged in chapter 850 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 2013, chapters 29 and 163; in 2017, chapter 39.
2011, c. 850; 2013, cc. 29, 163; 2017, c. 39.