Chap. 680.—An ACT to prevent any fire insurance company, association or
partnership authorized to do business in this state from entering into
any compact or combination with other fire insurance companies, associa-
tions or partnerships, to make or require their agents or employees to
enter into any compact, agreement or pledge for the purpose of governing
or controlling the commissions or compensation paid said agents.

Approved March 2, 1900.

1. Be it enacted by the general assembly of Virginia, That it shall
be unlawful for any fire insurance company, association, or partnership,
authorized to do business in this state, to enter into any compact or
combination with other fire insurance companies, associations, or part-
nerships, to make or require their agents or employees to enter into any
compact, agreement or pledge for the purpose of governing or controlling
the commissions or compensation paid said agents.

2. For any violation of this act any such company, association or
partnership shall pay a fine of not less than two hundred and fifty dollars,
nor more than five hundred dollars, and its license to do business in this
state shall, after such violation shall have been ascertained, be revoked
by the auditor of public accounts of this state; or, if there be an insur-
ance commissioner of this state, then by said insurance commissioner;
nor shall such company thereafter be permitted to do business in this
state until after the lapse of twelve months from and after such revoca-
tion of license.

3. Every fire insurance company, association, or partnership authorized
tc do business in this state shall cause to be filed on or before the thirty-
first day of March in each year, with the auditor of public accounts in
this state; or, if there be an insurance commissioner of this state then
with said insurance commissioner, the affidavit of some officer or agent
of said company, association, or partnership, who resides in this state,
setting forth the fact that the company, association or partnership of
which he is such officer or agent has not, according to the best of his
knowledge and belief within the twelve months next preceding the
date of such affidavit entered into any such compact or combination as
is prohibited by section one of this act. Said affidavit shall be made
before some officer of this state authorized to administer oaths, and any
wilfully false statement made in said affidavit shall be punished by a
fine not less than two hundred and fifty dollars nor more than five hun-
dred dollars.

4. No company not already authorized to do business in this state
shall receive a license to transact business in this state until it shall have
filed with the auditor of public accounts of this state, or, if there be an
insurance commissioner of this state, then with said insurance commis-
sioner, an affidavit setting forth the fact that it is in no compact or
combination such as is prohibited by this act.

5. Any suit for the enforcement of any penalty provided for herein
may be brought and maintained in the circuit court for the citv of
Richmond, and any judgment or penalty shall be collectible out of the
assets of such company, association or partnership against which it is
obtained, in this state.

6. This act shall he in effect from and after the thirty-first day of
March, nineteen hundred.