{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-3803.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-3803.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-3803.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-3803.html"}],"law_id":83235,"edition_id":1,"section_id":83235,"structure_id":14124,"section_number":"38.2-3803","catch_line":"Licensing of additional companies prohibited","history":"1952, c. 317, \u00a7 38.1-499; 1986, c. 562.","full_text":"Any company that was not licensed and doing business in this Commonwealth on July 1, 1952, shall not be issued a license to do the business of insurance in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by the company for the preceding year will be issued.","order_by":null,"text":{"0":{"id":298243,"text":"Any company that was not licensed and doing business in this Commonwealth on July 1, 1952, shall not be issued a license to do the business of insurance in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by the company for the preceding year will be issued.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14124,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":14123,"metadata":{},"date_created":"2026-06-26 03:46:56","date_modified":"2026-06-26 03:46:56","permalink":{"id":216151,"object_type":"structure","relational_id":14124,"identifier":"1","token":"38.2\/38\/1","url":"\/38.2\/38\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14123,"edition_id":1,"name":"Cooperative Nonprofit Life Benefit Companies","identifier":"38","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:46:56","date_modified":"2026-06-26 03:46:56","permalink":{"id":216149,"object_type":"structure","relational_id":14123,"identifier":"38","token":"38.2\/38","url":"\/38.2\/38\/","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":82567,"structure_id":14124,"section_number":"38.2-3800","catch_line":"Scope of chapter","url":"\/38.2-3800\/","token":"38.2\/38\/1\/38.2-3800","metadata":false},{"id":83921,"structure_id":14124,"section_number":"38.2-3801","catch_line":"Cooperative nonprofit life benefit company defined","url":"\/38.2-3801\/","token":"38.2\/38\/1\/38.2-3801","metadata":false},{"id":56417,"structure_id":14124,"section_number":"38.2-3802","catch_line":"Continuation of existing companies","url":"\/38.2-3802\/","token":"38.2\/38\/1\/38.2-3802","metadata":false},{"id":83235,"structure_id":14124,"section_number":"38.2-3803","catch_line":"Licensing of additional companies prohibited","url":"\/38.2-3803\/","token":"38.2\/38\/1\/38.2-3803","metadata":false},{"id":76174,"structure_id":14124,"section_number":"38.2-3804","catch_line":"What laws applicable","url":"\/38.2-3804\/","token":"38.2\/38\/1\/38.2-3804","metadata":false},{"id":78730,"structure_id":14124,"section_number":"38.2-3805","catch_line":"General powers of company; limitation on increase in rates","url":"\/38.2-3805\/","token":"38.2\/38\/1\/38.2-3805","metadata":false},{"id":70610,"structure_id":14124,"section_number":"38.2-3806","catch_line":"Constitution and bylaws","url":"\/38.2-3806\/","token":"38.2\/38\/1\/38.2-3806","metadata":false},{"id":75364,"structure_id":14124,"section_number":"38.2-3807","catch_line":"Governing body; board of directors","url":"\/38.2-3807\/","token":"38.2\/38\/1\/38.2-3807","metadata":false},{"id":60669,"structure_id":14124,"section_number":"38.2-3808","catch_line":"Filing copies of constitution and bylaws","url":"\/38.2-3808\/","token":"38.2\/38\/1\/38.2-3808","metadata":false},{"id":55260,"structure_id":14124,"section_number":"38.2-3809","catch_line":"How a company may become legal reserve life insurer","url":"\/38.2-3809\/","token":"38.2\/38\/1\/38.2-3809","metadata":false},{"id":81565,"structure_id":14124,"section_number":"38.2-3810","catch_line":"Institutions maintainable; company a charitable institution","url":"\/38.2-3810\/","token":"38.2\/38\/1\/38.2-3810","metadata":false},{"id":59119,"structure_id":14124,"section_number":"38.2-3811","catch_line":"Benefits not subject to process","url":"\/38.2-3811\/","token":"38.2\/38\/1\/38.2-3811","metadata":false},{"id":76995,"structure_id":14124,"section_number":"38.2-3812","catch_line":"Tax on gross premium receipts","url":"\/38.2-3812\/","token":"38.2\/38\/1\/38.2-3812","metadata":false},{"id":79691,"structure_id":14124,"section_number":"38.2-3813","catch_line":"Suits against company","url":"\/38.2-3813\/","token":"38.2\/38\/1\/38.2-3813","metadata":false}],"previous_section":{"id":56417,"structure_id":14124,"section_number":"38.2-3802","catch_line":"Continuation of existing companies","url":"\/38.2-3802\/","token":"38.2\/38\/1\/38.2-3802","metadata":false},"next_section":{"id":76174,"structure_id":14124,"section_number":"38.2-3804","catch_line":"What laws applicable","url":"\/38.2-3804\/","token":"38.2\/38\/1\/38.2-3804","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3803\/","history_text":"<p>This law was first created in 1952. The record of its establishment is cataloged in chapter 317 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. Unfortunately, the 1952 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":216165,"object_type":"law","relational_id":83235,"identifier":"38.2-3803","token":"38.2\/38\/1\/38.2-3803","url":"\/38.2-3803\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-3803\/","token":"38.2\/38\/1\/38.2-3803","dublin_core":{"Title":"Licensing of additional companies prohibited","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3803","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">company<\/span> that was not licensed and doing business in this Commonwealth on July 1, 1952, shall not be issued a license to do the business of <span class=\"dictionary\">insurance<\/span> in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by the <span class=\"dictionary\">company<\/span> for the preceding year will be issued.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nLICENSING OF ADDITIONAL COMPANIES PROHIBITED (\u00a7 38.2-3803)\n\nAny company that was not licensed and doing business in this Commonwealth on\nJuly 1, 1952, shall not be issued a license to do the business of insurance in\nthis Commonwealth. On or after July 1, 1952, only a renewal of a license held by\nthe company for the preceding year will be issued.\n\nHISTORY: 1952, c. 317, \u00a7 38.1-499; 1986, c. 562.","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}}