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
Law Body
Chap. 237.—An ACT to amend the Code of Virginia by adding to chapter 169
thereof a new section, numbered 4248-a, prohibiting misrepresentations by in-
surance companies and officers, directors and agents thereof and others, and
providing penalties for violations. [S B 205]
Approved March 27, 1934
1. Be it enacted by the General Assembly of Virginia, That the
Code of Virginia be amended by adding to chapter one hundred and
sixty-nine thereof a new section, numbered forty-two hundred and
forty-eight-a, which new section shall read as follows:
Section 4248-a. Misrepresentations prohibited; penalty—No life
insurance company doing business in this State, and no officer, director,
or agent thereof, shall make, issue, or circulate, or cause to be issued
or circulated, any estimate, illustration, circular, or statement of any
sort misrepresenting the terms of any policy issued or to be issued by
it or the benefits or advantages promised thereby, or the dividends or
shares of the surplus to be received thereon, or shall use any name or
title of any policy or class of policies misrepresenting the true nature
thereof. Nor shall any such company or officer, director, or agent
thereof, or any person, firm, association, or corporation, knowingly
make any misrepresentation to any person insured in any company for
the purpose of inducing or tending to induce a policyholder in any
company to lapse, forfeit, or surrender his insurance.
Any company or any officer, director, or agent thereof, or any
person, firm, association, or corporation violating the provisions of this
section shall be guilty of a misdemeanor, and upon conviction thereof,
shall be sentenced to pay a fine of not less than ten dollars nor more
than one hundred dollars for each and every violation, or, in the dis-
cretion of the court, to imprisonment for a period of not more than
six months,