An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1885/1886 |
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Law Number | 298 |
Subjects |
Law Body
Chap. 298.—An ACT to amend and re-enact an act entitled an act
regulating the reports of insurance companies, approved February
22, 1878, as amended by an act approved April 22, 1879.
Approved March 1, 1886.
1. Be it enacted by the general assembly of Virginia, That
each and every corporation, whether organized in this or any
other state, dominion or government, be it mutual or joint
stock, co-operative association or brotherhood, doing or pre-
tending to do an insurance business in Virginia, be it life, fire,
marine, accident, live-stock or any form of insurance, shall
cause a report to be made annually, as hereinafter prescribed,
to the auditor of public accounts of this state, upon blanks to
be furnished by him, showing the actual condition of said or-
ganization on the last day of its fiscal year; said report to be
made between the first day of January and thirty-first of March
succeeding in each year, and shall be made under oath by the
president and secretary of such organization; and the auditor
of the state shall cause the aforementioned sworn reports to be
published six times in some newspaper printed in the city ot
Richmond, at the expense of the companies making such re-
port. But if such corporation be created by the laws of this
state, then such advertisement shall be put in some newspaper
published where its principal office is, or if there be no news-
paper where such principal office is, then in some newspaper
published in the city of Richmond.
2. It shall be the duty of the president and secretary, or two
other authorized officers of such insurance, accident, or casualty
city co-operative association, brotherhood or live-stock insur-
ance companies, and any other organization insuring life, to
report to the auditor under oath:
First. The number of policies issued during the year.
Second. The amount of insurance effected thereby.
Third. The amount of premiums received during the year.
Fourth. The amount of interest received, and all other
receipts. °
Fifth. The amount of losses paid during the year.
Sixth. The amount of losses unpaid. ©
Seventh. The amount of expenses.
Eighth. The whole number of policies in force.
Ninth. The amount of liabilities or risks thereon, and all
other liabilities. |
Tenth. The amount of capital stock, if any.
Eleventh. The amount of assets, and how invested...
Twelfth. The amount of unpaid dividends.
3. It shall be the duty of the president and secretary, or twc
other authorized officers of each of such fire insurance com.
panies, or fire and marine insurance companies, or marine in.
surance companies, doing business in this state, to report tc
the auditor under oath:
First. The amount of subscribed capital stock of said corpo.
ration.
Second. The amount of said capital stock paid up in cash.
Third. The amount of said capital stock paid up by stock.
note, and the amount still unpaid for.
Fourth. The assets of said company, and a detailed state.
ment of how and in what the same are invested.
Fifth. The liabilities of said company.
Sixth. The income of said company during the preceding
twelve months, and from what sources derived.
Seventh. The expenditures of said company giving a detailec
statement of the same.
4. This act shall be in force from its passage.