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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>76490</law_id><section_number>38.2-700</section_number><catch_line>When domestic insurer may hold stock of another insurer</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-4214</reference><reference>38.2-4408</reference><reference>38.2-702</reference><reference>38.2-703</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="7">Antitrust Provisions</unit></structure><text>
						<section><p>Subject to Article 6 (&#xA7;&#xA0;<a class="law" title="Definitions" href="/38.2-1335/">38.2-1335</a> et seq.) of Chapter 13 and Chapter 14 (&#xA7;&#xA0;<a class="law" title="Scope and purpose of chapter" href="/38.2-1400/">38.2-1400</a> et seq.) of this title, any domestic <span class="dictionary">insurer</span> may retain, invest in or acquire the whole or any part of the capital stock of any other <span class="dictionary">insurer</span>, unless the effect of such action (i) substantially lessens competition generally or (ii) tends to create a monopoly, in the business of <span class="dictionary">insurance</span>.</p></section></text><history>1952, c. 317, &#xA7; 38.1-58; 1983, c. 457; 1986, c. 562.</history><metadata></metadata></law>
