Code of Virginia

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Code of Virginia
Title 38.2. Insurance
Chapter 29. Commercial Liability Insurance Joint Underwriting Association

§ 38.2-2912. Commissions for placing and servicing risk with Association.

For any policy issued by the Association, the commission payable to the person that places the risk with the Joint Underwriting Association or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.

1988, cc. 769, 783.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.