<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>65701</law_id><section_number>38.2-4809.1</section_number><catch_line>Licensees to pay assessments on insurers</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-4809</reference><reference>38.2-4811.1</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="48">Surplus Lines Insurance Law</unit></structure><text>
						<section><p>Every licensed <span class="dictionary">surplus lines broker</span> or any <span class="dictionary">person</span> required to be licensed as a <span class="dictionary">surplus lines broker</span> shall be subject to the annual maintenance fund assessment, penalties, and other provisions of &#xA7;&#xA7;&#xA0;<a class="law" title="Expense of administration of insurance laws borne by licensees; minimum contribution" href="/38.2-400/">38.2-400</a>, <a class="law" title="Assessment for expenses" href="/38.2-403/">38.2-403</a>, and <a class="law" title="Report of gross premium income" href="/38.2-406/">38.2-406</a>. If any <span class="dictionary">person</span> overpays the assessment, the <span class="dictionary">Commission</span> shall process a refund.</p></section></text><history>2011, c. 850; 2013, cc. 29, 163; 2017, c. 39.</history><metadata></metadata></law>
