Chapter 47 Insurance Premium Finance Companies

This chapter is comprised of the following sections:
  • §38.2-4700 What persons deemed insurance premium finance companies
  • §38.2-4701 License required; application; fee
  • §38.2-4702 Investigation of applicant; issuance of license
  • §38.2-4703 Renewal of license
  • §38.2-4704 Suspension, revocation or failure to renew license; imposition of penalty
  • §38.2-4705 Maximum interest rate and maximum service charge on premium finance agreement
  • §38.2-4706 Default charge; bad check charge
  • §38.2-4707 Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited
  • §38.2-4708 Examination of books and records of company; bond; rules and regulations; order by Commission to remedy concerns
  • §38.2-4709 Disposition of license and other fees
  • §38.2-4710 Penalty for engaging in business without license
  • §38.2-4711 Exemptions
  • §38.2-4712 Validity of secured transactions