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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>62188</law_id><section_number>38.2-5112</section_number><catch_line>Duty on agents or brokers</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="51">Risk Retention Groups and Purchasing Groups</unit></structure><text>
						<section><p>Any <span class="dictionary">person</span> acting, or offering to act, as an agent or surplus lines broker for a <span class="dictionary">risk retention group</span> or <span class="dictionary">purchasing group</span>, which solicits members, sells <span class="dictionary">insurance</span> coverage, purchases coverage for its members located within this Commonwealth or otherwise does business in this Commonwealth shall, before commencing any such activity, comply with the applicable provisions of Chapters 18 and 48 of this title, relating to property and casualty <span class="dictionary">insurance</span> agents and surplus lines brokers.</p></section></text><history>1987, c. 585.</history><metadata></metadata></law>
