Virginia Decodedhttps://vacode.org5641738.2-3802Continuation of existing companies2025InsuranceCooperative Nonprofit Life Benefit CompaniesGeneral Provisions

Any company licensed and doing business in this Commonwealth on July 1, 1952, may continue to do business in accordance with the powers contained in its certificate of incorporation, subject to the provisions of this chapter, but no such company shall be permitted to extend its powers.

1952, c. 317, § 38.1-498; 1986, c. 562.