A captive insurer shall not adopt the name of any existing company transacting a similar business or any name so familiar that it may mislead the public.

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Terms Used In Virginia Code 38.2-1103

  • Captive insurer: means any pure captive insurer or any association captive insurer. See Virginia Code 38.2-1101
  • Company: means any association, aggregate of individuals, business, corporation, individual, joint-stock company, Lloyds type of organization, organization, partnership, receiver, reciprocal or interinsurance exchange, trustee or society. See Virginia Code 38.2-100

1980, c. 665, § 38.1-919; 1986, c. 562.