{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-4807.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-4807.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-4807.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-4807.html"}],"law_id":57722,"edition_id":1,"section_id":57722,"structure_id":13712,"section_number":"38.2-4807","catch_line":"Licensees to keep records and file annual statement of policies","history":"Code 1950, \u00a7 38.1-314.8; 1960, c. 503; 1979, c. 513, \u00a7 38.1-327.53; 1986, c. 562; 2001, c. 706; 2011, c. 498.","full_text":"A\n\nEvery licensed surplus lines broker shall keep in his office a complete record of (i) each policy of insurance procured by him under this chapter during the previous calendar year; (ii) the name and address of the insurer or insurers; (iii) the inception and expiration dates of each policy; (iv) the perils insured against; (v) the location of each risk so insured and the premium rate and the gross premium charged for each such policy of insurance; (vi) the amount of premium returned; and (vii) any other information the Commission requires.B\n\nThe record of each policy of insurance shall be kept open at all reasonable times to examination by the Commission without notice for a period of not less than five years following termination of the policy.","order_by":null,"text":{"0":{"id":211420,"text":"Every licensed surplus lines broker shall keep in his office a complete record of (i) each policy of insurance procured by him under this chapter during the previous calendar year; (ii) the name and address of the insurer or insurers; (iii) the inception and expiration dates of each policy; (iv) the perils insured against; (v) the location of each risk so insured and the premium rate and the gross premium charged for each such policy of insurance; (vi) the amount of premium returned; and (vii) any other information the Commission requires.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":211421,"text":"The record of each policy of insurance shall be kept open at all reasonable times to examination by the Commission without notice for a period of not less than five years following termination of the policy.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":13712,"edition_id":1,"name":"Surplus Lines Insurance Law","identifier":"48","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:45:37","date_modified":"2026-06-26 03:45:37","permalink":{"id":217289,"object_type":"structure","relational_id":13712,"identifier":"48","token":"38.2\/48","url":"\/38.2\/48\/","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":60794,"structure_id":13712,"section_number":"38.2-4800","catch_line":"Repealed","url":"\/38.2-4800\/","token":"38.2\/48\/38.2-4800","metadata":false},{"id":54697,"structure_id":13712,"section_number":"38.2-4805.1","catch_line":"Application of chapter","url":"\/38.2-4805.1\/","token":"38.2\/48\/38.2-4805.1","metadata":false},{"id":58581,"structure_id":13712,"section_number":"38.2-4805.2","catch_line":"Definitions","url":"\/38.2-4805.2\/","token":"38.2\/48\/38.2-4805.2","metadata":false},{"id":59102,"structure_id":13712,"section_number":"38.2-4806","catch_line":"Notice to insured that insurance is placed with an eligible nonadmitted insurer required","url":"\/38.2-4806\/","token":"38.2\/48\/38.2-4806","metadata":false},{"id":57722,"structure_id":13712,"section_number":"38.2-4807","catch_line":"Licensees to keep records and file annual statement of policies","url":"\/38.2-4807\/","token":"38.2\/48\/38.2-4807","metadata":false},{"id":70999,"structure_id":13712,"section_number":"38.2-4808","catch_line":"Effect of payment to surplus lines broker","url":"\/38.2-4808\/","token":"38.2\/48\/38.2-4808","metadata":false},{"id":78635,"structure_id":13712,"section_number":"38.2-4809","catch_line":"Licensees to pay license taxes on insurers","url":"\/38.2-4809\/","token":"38.2\/48\/38.2-4809","metadata":false},{"id":65701,"structure_id":13712,"section_number":"38.2-4809.1","catch_line":"Licensees to pay assessments on insurers","url":"\/38.2-4809.1\/","token":"38.2\/48\/38.2-4809.1","metadata":false},{"id":62454,"structure_id":13712,"section_number":"38.2-4810","catch_line":"Issuance and delivery of surplus lines policies; prior authority or information required","url":"\/38.2-4810\/","token":"38.2\/48\/38.2-4810","metadata":false},{"id":78847,"structure_id":13712,"section_number":"38.2-4811","catch_line":"Surplus lines coverage to be placed with eligible nonadmitted insurers","url":"\/38.2-4811\/","token":"38.2\/48\/38.2-4811","metadata":false},{"id":64334,"structure_id":13712,"section_number":"38.2-4811.1","catch_line":"Surplus lines coverage placed with domestic surplus lines insurers","url":"\/38.2-4811.1\/","token":"38.2\/48\/38.2-4811.1","metadata":false},{"id":84818,"structure_id":13712,"section_number":"38.2-4812","catch_line":"Surplus lines insurers subject to Unlicensed Insurers Process","url":"\/38.2-4812\/","token":"38.2\/48\/38.2-4812","metadata":false},{"id":80611,"structure_id":13712,"section_number":"38.2-4813","catch_line":"Commission to make rules and regulations","url":"\/38.2-4813\/","token":"38.2\/48\/38.2-4813","metadata":false},{"id":61457,"structure_id":13712,"section_number":"38.2-4814","catch_line":"Penalties","url":"\/38.2-4814\/","token":"38.2\/48\/38.2-4814","metadata":false},{"id":56879,"structure_id":13712,"section_number":"38.2-4815","catch_line":"Effect on other provisions of Title 38.2","url":"\/38.2-4815\/","token":"38.2\/48\/38.2-4815","metadata":false},{"id":74365,"structure_id":13712,"section_number":"38.2-4816","catch_line":"Exchange of information","url":"\/38.2-4816\/","token":"38.2\/48\/38.2-4816","metadata":false}],"previous_section":{"id":59102,"structure_id":13712,"section_number":"38.2-4806","catch_line":"Notice to insured that insurance is placed with an eligible nonadmitted insurer required","url":"\/38.2-4806\/","token":"38.2\/48\/38.2-4806","metadata":false},"next_section":{"id":70999,"structure_id":13712,"section_number":"38.2-4808","catch_line":"Effect of payment to surplus lines broker","url":"\/38.2-4808\/","token":"38.2\/48\/38.2-4808","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-4807\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 5 times. 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. Those modifications are as follows: in 1960, chapter 503; in 1979, chapter 513; in 1986, chapter 562; in 2001, chapter 706<\/a>; in 2011, chapter 498<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":217307,"object_type":"law","relational_id":57722,"identifier":"38.2-4807","token":"38.2\/48\/38.2-4807","url":"\/38.2-4807\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-4807\/","token":"38.2\/48\/38.2-4807","dublin_core":{"Title":"Licensees to keep records and file annual statement of policies","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-4807","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Every licensed surplus lines broker<\/span> shall keep in his office a complete record of (i) each policy of insurance<\/span> procured by him under this chapter during the previous calendar year; (ii) the name and address of the insurer<\/span> or insurers<\/span>; (iii) the inception and expiration dates of each policy; (iv) the perils insured against; (v) the location of each risk so insured and the premium rate<\/span> and the gross premium charged for each such policy of insurance<\/span>; (vi) the amount of premium returned; and (vii) any other information the Commission<\/span> requires. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The record of each policy of insurance<\/span> shall be kept open at all reasonable times to examination by the Commission<\/span> without notice for a period of not less than five years following termination of the policy. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLICENSEES TO KEEP RECORDS AND FILE ANNUAL STATEMENT OF POLICIES (\u00a7 38.2-4807)\n\nA. Every licensed surplus lines broker shall keep in his office a complete\nrecord of (i) each policy of insurance procured by him under this chapter during\nthe previous calendar year; (ii) the name and address of the insurer or\ninsurers; (iii) the inception and expiration dates of each policy; (iv) the\nperils insured against; (v) the location of each risk so insured and the premium\nrate and the gross premium charged for each such policy of insurance; (vi) the\namount of premium returned; and (vii) any other information the Commission\nrequires.\n\nB. The record of each policy of insurance shall be kept open at all reasonable\ntimes to examination by the Commission without notice for a period of not less\nthan five years following termination of the policy.\n\nHISTORY: Code 1950, \u00a7 38.1-314.8; 1960, c. 503; 1979, c. 513, \u00a7 38.1-327.53;\n1986, c. 562; 2001, c. 706; 2011, c. 498.","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}}