                                 CODE OF VIRGINIA

REQUIREMENT TO REPORT TO COMMISSION (§ 38.2-1364)

A. Each licensed managing general agent shall report within thirty calendar days
to the Commission and to any contracted insurer any change in business or
residence address or name.

B. In addition to the requirements of &#xA7;&#xA7; 59.1-69 and 59.1-70, any
individual or business entity licensed as a managing general agent in this
Commonwealth and operating under an assumed or fictitious name shall notify the
Commission, at the earlier of the time the application for a managing general
agent license is filed or within thirty calendar days from the date the assumed
or fictitious name is adopted, setting forth the name under which the managing
general agent intends to operate in Virginia. The Commission shall also be
notified within thirty calendar days from the date of cessation of the use of
such assumed or fictitious name.

C. Each licensed managing general agent convicted of a felony shall report
within thirty calendar days to the Commission the facts and circumstances
regarding the criminal conviction.

HISTORY: 2001, c. 706.