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Table of Contents » Title 14. Insurance » Agency 5. State Corporation Commission, Bureau of Insurance » Chapter 250. Rules, Regulations and Forms Relating to Restrictions on the Purchase and Sale of Equity Securities of Domestic Stock Insurance Companies » 14VAC5-250-20. Transactions exempted from the operation of subsection B of the Act.

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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 250. Rules, Regulations and Forms Relating to Restrictions on the Purchase and Sale of Equity Securities of Domestic Stock Insurance Companies

11/21/2024

14VAC5-250-20. Transactions exempted from the operation of subsection B of the Act.

Any acquisition or disposition of any equity security by a director or officer of an insurer within six months prior to the date on which the Act shall first become applicable with respect to the equity securities of such insurer shall not be subject to the operation of subsection B of the Act (Section 38.2-214 of the Code of Virginia).

Statutory Authority

§ 38.2-214 of the Code of Virginia.

Historical Notes

Derived from Regulation 5, Case No. 18773, Rule 2, eff. April 1, 1970.

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