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

Full text of Virginia Code of Virginia § 38.2-4707 — Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited, with citation guidance and answers to common questions.

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

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

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

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 38.2-4707

What does Code of Virginia § 38.2-4707 cover?

Section 38.2-4707 ("Forms of premium finance agreements and related forms to be approved by Commission; false or misleading statements or omissions prohibited") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 38.2-4707?

A common citation format is "Code of Virginia § 38.2-4707" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 38.2-4707 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.