{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-3906.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-3906.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-3906.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-3906.html"}],"law_id":67182,"edition_id":1,"section_id":67182,"structure_id":14637,"section_number":"38.2-3906","catch_line":"Licensing of additional companies prohibited","history":"1985, c. 400, \u00a7 38.1-549.7; 1986, c. 562.","full_text":"Any insurer that was not licensed and engaged in the business of mutual assessment life, accident and sickness insurance in this Commonwealth under the provisions of former Title 38.1 on July 1, 1952, shall not be issued a license pursuant to this chapter to transact the business of insurance in this Commonwealth. On or after that date a license shall not be issued except for renewal of a license held by the insurer for the preceding year.","order_by":null,"text":{"0":{"id":243531,"text":"Any insurer that was not licensed and engaged in the business of mutual assessment life, accident and sickness insurance in this Commonwealth under the provisions of former Title 38.1 on July 1, 1952, shall not be issued a license pursuant to this chapter to transact the business of insurance in this Commonwealth. On or after that date a license shall not be issued except for renewal of a license held by the insurer for the preceding year.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14637,"edition_id":1,"name":"Organization and Licensing of Companies","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":14069,"metadata":{},"date_created":"2026-06-26 03:49:00","date_modified":"2026-06-26 03:49:00","permalink":{"id":216255,"object_type":"structure","relational_id":14637,"identifier":"2","token":"38.2\/39\/2","url":"\/38.2\/39\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14069,"edition_id":1,"name":"Mutual Assessment Life, Accident and Sickness Insurers","identifier":"39","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:46:47","date_modified":"2026-06-26 03:46:47","permalink":{"id":216231,"object_type":"structure","relational_id":14069,"identifier":"39","token":"38.2\/39","url":"\/38.2\/39\/","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":69639,"structure_id":14637,"section_number":"38.2-3905","catch_line":"Incorporation of companies","url":"\/38.2-3905\/","token":"38.2\/39\/2\/38.2-3905","metadata":false},{"id":67182,"structure_id":14637,"section_number":"38.2-3906","catch_line":"Licensing of additional companies prohibited","url":"\/38.2-3906\/","token":"38.2\/39\/2\/38.2-3906","metadata":false},{"id":79271,"structure_id":14637,"section_number":"38.2-3907","catch_line":"Directors; terms; annual meetings; voting; executive committee","url":"\/38.2-3907\/","token":"38.2\/39\/2\/38.2-3907","metadata":false},{"id":56190,"structure_id":14637,"section_number":"38.2-3908","catch_line":"Officers","url":"\/38.2-3908\/","token":"38.2\/39\/2\/38.2-3908","metadata":false},{"id":64021,"structure_id":14637,"section_number":"38.2-3909","catch_line":"Inspection of books and papers","url":"\/38.2-3909\/","token":"38.2\/39\/2\/38.2-3909","metadata":false}],"previous_section":{"id":69639,"structure_id":14637,"section_number":"38.2-3905","catch_line":"Incorporation of companies","url":"\/38.2-3905\/","token":"38.2\/39\/2\/38.2-3905","metadata":false},"next_section":{"id":79271,"structure_id":14637,"section_number":"38.2-3907","catch_line":"Directors; terms; annual meetings; voting; executive committee","url":"\/38.2-3907\/","token":"38.2\/39\/2\/38.2-3907","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3906\/","history_text":"<p>This law was first created in 1985. The record of its establishment is cataloged in chapter 400 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 1985 \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":216261,"object_type":"law","relational_id":67182,"identifier":"38.2-3906","token":"38.2\/39\/2\/38.2-3906","url":"\/38.2-3906\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-3906\/","token":"38.2\/39\/2\/38.2-3906","dublin_core":{"Title":"Licensing of additional companies prohibited","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3906","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">insurer<\/span> that was not licensed and engaged in the business of <span class=\"dictionary\">mutual assessment life, accident and sickness insurance<\/span> in this Commonwealth under the provisions of former Title 38.1 on July 1, 1952, shall not be issued a license pursuant to this chapter to transact the business of insurance in this Commonwealth. On or after that date a license shall not be issued except for renewal of a license held by the <span class=\"dictionary\">insurer<\/span> for the preceding year.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nLICENSING OF ADDITIONAL COMPANIES PROHIBITED (\u00a7 38.2-3906)\n\nAny insurer that was not licensed and engaged in the business of mutual\nassessment life, accident and sickness insurance in this Commonwealth under the\nprovisions of former Title 38.1 on July 1, 1952, shall not be issued a license\npursuant to this chapter to transact the business of insurance in this\nCommonwealth. On or after that date a license shall not be issued except for\nrenewal of a license held by the insurer for the preceding year.\n\nHISTORY: 1985, c. 400, \u00a7 38.1-549.7; 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}}