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 | 1934 |
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Law Number | 388 |
Subjects |
Law Body
Chap. 388.—An ACT to amend chapter 433 of the Acts of the General Assembly
of 1928, page 1115, entitled an act to provide for the organization, mainte-
nance and supervision 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 interinsurer; to generally
regulate rate making agreements; to prohibit discrimination; and to em-
power 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, approved March 26, 1928, by adding
thereto a new section, numbered 17, to require insurers against fire to report
to the Commissioner of Insurance and Banking of the State of Virginia
gross premiums collected and received from fire insurance policies covering
property situated within the limits of each city, town and county; to give
such commissioner authority to investigate concerning any such report; and
to provide penalties for violations. [H B 176]
Approved March 30, 1934
1. Be it enacted by the General Assembly of Virginia, That an act
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 gen-
erally 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, approved March twenty-
sixth, nineteen hundred and twenty-eight, be amended by adding thereto
a new section, numbered seventeen, so that the said new section shall
read as follows:
Section 17. Every person, partnership, company or corporation,
which contracts on his, their or its account to issue policies or contracts
for or agreements for fire insurance shall upon the demand of the
Commissioner of Insurance and Banking return to the said commis-
sioner a just and true account of all gross premiums, except re-insur-
ance premiums, collected and received, less returned premiums, from
the fire insurance policies issued by him, them or it covering property
situated within the limits of each city, town and county in this State
during each calendar year, such returns to be made with respect to each
city, town and county separately and to be made by said persons,
companies or corporations within sixty days from and after the thirty-
first day of December of each year upon forms to be furnished by the
Commissioner of Insurance and Banking. The Commissioner of In-
surance and Banking shall have authority to investigate any case in
which he may have reason to believe that any fraud, misrepresenta-
tion or mistake has been made in any return herein provided for, and
it shall be the duty of the Commissioner of Insurance and Banking
to have the said returns corrected in accordance with the facts of the
case.
If any person, partnership, company or corporation shall make a
false return or shall fail to make a return within the time herein pro-
vided, they shall, for each offense, be guilty of a misdemeanor.