Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 29. Commercial Liability Insurance Joint Underwriting Association |
SECTION 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. |