Virginia Code 38.2-1346: Licensure
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A. No person shall act in this Commonwealth as a producer, and no resident of this Commonwealth shall act as a producer, unless such person or resident is licensed as an insurance agent pursuant to the provisions of Chapter 18 (§ 38.2-1800 et seq.) of this title, or as a reinsurance intermediary or managing general agent pursuant to the provisions of this chapter.
Terms Used In Virginia Code 38.2-1346
- Person: means any association, aggregate of individuals, business, company, 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
- Producer: means :
1. See Virginia Code 38.2-1341
B. As used in this section, the terms “resident” and “insurance agent” have the meanings prescribed in § 38.2-1800, and the terms “managing general agent,” and “reinsurance intermediary” have the meanings set forth in §§ 38.2-1347 and 38.2-1358.
1993, c. 158; 2001, c. 706.