                                 CODE OF VIRGINIA

CORPORATE ORGANIZATION REQUIRED (§ 38.2-4402.1)

Each plan shall be conducted by or through (i) a nonstock or stock corporation
organized pursuant to the laws of this Commonwealth; (ii) a foreign corporation
that is subject to regulation and licensing under the laws of its domiciliary
jurisdiction that are substantially similar to those provided by this chapter;
or (iii) a foreign corporation that is licensed as an insurer in its state of
domicile and authorized to operate, conduct, or administer a legal services plan
under the laws of any state. Any foreign insurer licensed pursuant to this
chapter shall not be authorized to write any other classes of insurance under
this title.

HISTORY: 1994, c. 224; 2020, c. 408.