When director of a domestic insurer may be a director of another insurer

1. Law
2. Code of Virginia
3. Insurance
4. Antitrust Provisions
5. When director of a domestic insurer may be a director of another insurer

Any domestic insurer may have a director who is also a director of another domestic, foreign or alien insurer, unless the effect thereof (i) substantially lessens competition generally or (ii) tends to create a monopoly, in the business of insurance.

1952, c. 317, § 38.1-59; 1986, c. 562.

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