38.2-4707 - Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited.

§ 38.2-4707. Forms of premium finance agreements and related forms to beapproved by Commission; false or misleading statements or omissionsprohibited.

No form of premium finance agreement or any related form shall be used untilit is approved by the Commission. No such form shall contain any statementsthat are materially false or misleading or omit statements necessary toprevent the form from being in any material way false or misleading.

(1964, c. 147, § 38.1-741; 1981, c. 107; 1986, c. 562.)