{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-1364.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-1364.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-1364.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-1364.html"}],"law_id":69749,"edition_id":1,"section_id":69749,"structure_id":13457,"section_number":"38.2-1364","catch_line":"Requirement to report to Commission","history":"2001, c. 706.","full_text":"A\n\nEach licensed managing general agent shall report within thirty calendar days to the Commission and to any contracted insurer any change in business or residence address or name.B\n\nIn addition to the requirements of §§ 59.1-69 and 59.1-70, any individual or business entity licensed as a managing general agent in this Commonwealth and operating under an assumed or fictitious name shall notify the Commission, at the earlier of the time the application for a managing general agent license is filed or within thirty calendar days from the date the assumed or fictitious name is adopted, setting forth the name under which the managing general agent intends to operate in Virginia. The Commission shall also be notified within thirty calendar days from the date of cessation of the use of such assumed or fictitious name.C\n\nEach licensed managing general agent convicted of a felony shall report within thirty calendar days to the Commission the facts and circumstances regarding the criminal conviction.","order_by":null,"text":{"0":{"id":252099,"text":"Each licensed managing general agent shall report within thirty calendar days to the Commission and to any contracted insurer any change in business or residence address or name.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":252100,"text":"In addition to the requirements of §§ 59.1-69 and 59.1-70, any individual or business entity licensed as a managing general agent in this Commonwealth and operating under an assumed or fictitious name shall notify the Commission, at the earlier of the time the application for a managing general agent license is filed or within thirty calendar days from the date the assumed or fictitious name is adopted, setting forth the name under which the managing general agent intends to operate in Virginia. The Commission shall also be notified within thirty calendar days from the date of cessation of the use of such assumed or fictitious name.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":252101,"text":"Each licensed managing general agent convicted of a felony shall report within thirty calendar days to the Commission the facts and circumstances regarding the criminal conviction.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":13457,"edition_id":1,"name":"Licensing of Managing General Agents","identifier":"9","label":"article","depth":3,"order_by":1,"parent_id":13289,"metadata":{},"date_created":"2026-06-26 03:44:55","date_modified":"2026-06-26 03:44:55","permalink":{"id":211857,"object_type":"structure","relational_id":13457,"identifier":"9","token":"38.2\/13\/9","url":"\/38.2\/13\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13289,"edition_id":1,"name":"Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents","identifier":"13","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:35","date_modified":"2026-06-26 03:44:35","permalink":{"id":211347,"object_type":"structure","relational_id":13289,"identifier":"13","token":"38.2\/13","url":"\/38.2\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":82605,"structure_id":13457,"section_number":"38.2-1358","catch_line":"Definitions","url":"\/38.2-1358\/","token":"38.2\/13\/9\/38.2-1358","metadata":false},{"id":84337,"structure_id":13457,"section_number":"38.2-1359","catch_line":"Licensure","url":"\/38.2-1359\/","token":"38.2\/13\/9\/38.2-1359","metadata":false},{"id":66843,"structure_id":13457,"section_number":"38.2-1360","catch_line":"Required contract provisions","url":"\/38.2-1360\/","token":"38.2\/13\/9\/38.2-1360","metadata":false},{"id":57894,"structure_id":13457,"section_number":"38.2-1361","catch_line":"Duties of insurers utilizing managing general agents","url":"\/38.2-1361\/","token":"38.2\/13\/9\/38.2-1361","metadata":false},{"id":54417,"structure_id":13457,"section_number":"38.2-1362","catch_line":"Examination authority","url":"\/38.2-1362\/","token":"38.2\/13\/9\/38.2-1362","metadata":false},{"id":83354,"structure_id":13457,"section_number":"38.2-1363","catch_line":"Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1363\/","token":"38.2\/13\/9\/38.2-1363","metadata":false},{"id":69749,"structure_id":13457,"section_number":"38.2-1364","catch_line":"Requirement to report to Commission","url":"\/38.2-1364\/","token":"38.2\/13\/9\/38.2-1364","metadata":false}],"previous_section":{"id":83354,"structure_id":13457,"section_number":"38.2-1363","catch_line":"Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1363\/","token":"38.2\/13\/9\/38.2-1363","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1364\/","history_text":"

This law was first created in 2001. The record of its establishment is cataloged in chapter 706<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":83354,"section_number":"38.2-1363","catch_line":"Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","order_by":null,"url":"\/38.2-1363\/"}],"refers_to":[{"id":63628,"section_number":"59.1-69","catch_line":"Certificate required of person transacting business under assumed name","order_by":null,"url":"\/59.1-69\/"},{"id":54459,"section_number":"59.1-70","catch_line":"Filing a certificate with State Corporation Commission; fee","order_by":null,"url":"\/59.1-70\/"}],"permalink":{"id":211883,"object_type":"law","relational_id":69749,"identifier":"38.2-1364","token":"38.2\/13\/9\/38.2-1364","url":"\/38.2-1364\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-1364\/","token":"38.2\/13\/9\/38.2-1364","dublin_core":{"Title":"Requirement to report to Commission","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1364","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Each licensed managing general agent<\/span> shall report within thirty calendar days to the Commission<\/span> and to any contracted insurer<\/span> any change in business or residence address or name. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> In addition to the requirements of §§ 59.1-69<\/a> and 59.1-70<\/a>, any individual or business entity<\/span> licensed as a managing general agent<\/span> in this Commonwealth and operating under an assumed or fictitious name shall notify the Commission<\/span>, at the earlier of the time the application for a managing general agent<\/span> license is filed or within thirty calendar days from the date the assumed or fictitious name is adopted, setting forth the name under which the managing general agent<\/span> intends to operate in Virginia. The Commission<\/span> shall also be notified within thirty calendar days from the date of cessation of the use of such assumed or fictitious name. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Each licensed managing general agent<\/span> convicted of a felony<\/span> shall report within thirty calendar days to the Commission<\/span> the facts<\/span> and circumstances regarding the criminal conviction<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREQUIREMENT TO REPORT TO COMMISSION (\u00a7 38.2-1364)\n\nA. Each licensed managing general agent shall report within thirty calendar days\nto the Commission and to any contracted insurer any change in business or\nresidence address or name.\n\nB. In addition to the requirements of §§ 59.1-69 and 59.1-70, any\nindividual or business entity licensed as a managing general agent in this\nCommonwealth and operating under an assumed or fictitious name shall notify the\nCommission, at the earlier of the time the application for a managing general\nagent license is filed or within thirty calendar days from the date the assumed\nor fictitious name is adopted, setting forth the name under which the managing\ngeneral agent intends to operate in Virginia. The Commission shall also be\nnotified within thirty calendar days from the date of cessation of the use of\nsuch assumed or fictitious name.\n\nC. Each licensed managing general agent convicted of a felony shall report\nwithin thirty calendar days to the Commission the facts and circumstances\nregarding the criminal conviction.\n\nHISTORY: 2001, c. 706.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}