<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>59674</law_id><section_number>38.2-4610.1:1</section_number><catch_line>Unearned premium reserves of foreign title insurance companies</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-4610.1</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="46">Title Insurance</unit></structure><text>
						<section><p>A foreign title <span class="dictionary">insurance company</span> licensed to transact business in the Commonwealth shall be permitted to establish and maintain an unearned premium reserve on title <span class="dictionary">insurance policies</span> issued on properties located in the Commonwealth pursuant to the reserving <span class="dictionary">laws</span> of that foreign title <span class="dictionary">insurance company</span>&#x2019;s domiciliary regulator so long as the domiciliary regulator is accredited under the National Association of Insurance <span class="dictionary">Commissioner</span>&#x2019;s Financial Regulation Standards and Accreditation Program.</p></section></text><history>2008, c. 248.</history><metadata></metadata></law>
