Chap. 325.—An ACT to amend section 15 of chapter 433 of the acts of the
general assembly of the session of 1928, approved March 26, 1928, entitled
an act to provide for the organization, maintenance and supervision of a
fire, windstorm, lightning, tornado, hail, and automobile fire and theft in-
surance rate making bureau; to provide for the making and filing of such
rates by the bureau, insurance companies and other insurers; whether stock,
mutual, reciprocal or inter-insurer; to generally regulate rate making agree-
ments; to prohibit discrimination; and to empower the State corporation
commission to fix, approve, alter or reduce such rates; providing penalties
for violations; and to repeal all acts and parts of acts in conflict herewith,

so as to empower the State corporation commission to grant certain exemp-
tions. [H B 126]

Approved March 24, 1930

1. Be it enacted by the general assembly of Virginia, That section
fifteen of chapter four hundred and thirty-three of the acts of the
general assembly of the session of nineteen hundred and twenty-eight,
approved March twenty-sixth, nineteen hundred and_ twenty-eight,
entitled an act to provide for the organization, maintenance and super-
vision of a fire, windstorm, lightning, tornado, hail, and automobile fire
and theft insurance rate making bureau; to provide for the making
and filing of such rates by the bureau, insurance companies and other
insurers; whether stock, mutual, reciprocal or inter-insurer; to gener-
ally regulate rate making agreements; to prohibit discrimination; and
to empower the State corporation commission to fix, approve, alter
or reduce such rates; providing penalties for violations; and to repeal
all acts and parts of acts in conflict herewith, be amended and re-
enacted so as to read as follows:

Section 15. This act shall not apply to local mutual insurance com-
panies and associations organized under the laws of this State conduct-
ing business only in this State and exclusively upon the assessment
plan, nor to insurance upon or in connection with marine insurance,
other than shore marine, or transportation risks, other than fire and
theft insurance on automobiles; and the State corporation commission
is authorized to grant exemption from compliance with the terms of
this act to mutual insurance companies and associations organized under
the laws of this State, conducting business only in this State, and issuing
only policies providing for perpetual insurance.

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