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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>85566</law_id><section_number>38.2-4127</section_number><catch_line>Annual license</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>58.1-2502</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="41">Fraternal Benefit Societies</unit><unit label="article" level="3" order_by="1" identifier="6">Regulation</unit></structure><text>
						<section><p>Societies now authorized to do business in this Commonwealth may continue such business until June 30, 1987. The authority of such societies and all societies hereafter licensed may thereafter be renewed annually, but in all cases will terminate on June 30. However, a license so issued shall continue in effect until the new license is issued or specifically refused. For each such license or renewal the <span class="dictionary">society</span> shall pay the <span class="dictionary">Commission</span> twenty dollars. A duly certified copy or duplicate of such license shall be prima facie <span class="dictionary">evidence</span> that the licensee is a fraternal benefit <span class="dictionary">society</span> within the meaning of this chapter.</p></section></text><history>Code 1950, &#xA7;&#xA7; 38-271, 38.1-588; 1952, c. 317, &#xA7; 38.1-638.20; 1968, c. 654; 1978, c. 4; 1986, c. 562.</history><metadata></metadata></law>
