Virginia Code 38.2-2412.1: Notice to Department of Criminal Justice Services of revocation of property and casualty insurance license.
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Whenever the Commission revokes, suspends or otherwise terminates the license of any property and casualty agent who is also a licensed surety bail bondsman, it shall immediately give notice of the revocation, suspension or termination to the Department of Criminal Justice Services.
Terms Used In Virginia Code 38.2-2412.1
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
- Commission: means the State Corporation Commission. See Virginia Code 38.2-100
2004, c. 460.