Tracking Virginia’s General Assembly
since 2007.
SB586: Insurers; change of domicile.
Be it enacted by the General Assembly of Virginia:
1. That § 38.2-1022 of the Code of Virginia is amended and reenacted as follows:
§ 38.2-1022. Commission to be notified of proposed transfer of domicile.
Each insurer licensed to transact the business of insurance in
this Commonwealth that transfers its domicile to any other state shall notify
the Commission of the proposed transfer and shall file promptly with it any
necessary amendments to articles of incorporation, charters, bylaws,
and other corporate documents.
Additional Data
Explanation
This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.
Words that are highlighted in yellow are
proposed additions, and words that are crossed out in
red are proposed removals.
The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.
