38.2-1023 - Effect of transfer of domicile on certificate of authority, agents' appointments and licenses, etc.
§ 38.2-1023. Effect of transfer of domicile on certificate of authority,agents' appointments and licenses, etc.
When any insurer licensed to transact the business of insurance in thisCommonwealth transfers its domicile to this or any other state, itscertificate of authority, agents' appointments and licenses, policy forms,rates, authorizations, and other filings and approvals that existed at thetime of the transfer shall remain in effect after the transfer of domicileoccurs.
(1983, c. 441, § 38.1-953; 1986, c. 562.)