Statutes, codes, and regulations
Code of Virginia
Title 58.1 - TAXATIONSubtitle II - TAXES ADMINISTERED BY OTHER AGENCIESChapter 25 - LICENSE TAX ON CERTAIN INSURANCE COMPANIES
Article 2 - ESTIMATED TAX
Section 58.1-2529 - Other provisions of this chapter not affected by this article; insurance companies going out of business

Va. Code § 58.1-2529

Download
PDF
Current with changes from the 2024 legislative session through ch. 845
Section 58.1-2529 - Other provisions of this chapter not affected by this article; insurance companies going out of business

Nothing in this article shall be construed as affecting other provisions of this chapter except to the extent required to give this article full effect. If an insurance company goes out of business or ceases to be an insurance company in this Commonwealth in any taxable or license year, such an event shall not relieve the company of the payment of the tax measured by direct gross premium income for the period in which the company operated as an insurance company and received or derived direct gross premium income from business in this Commonwealth.

Va. Code § 58.1-2529

Code 1950, § 58-502.7; 1968, c. 13; 1984, c. 675.
Amended by Acts 1984, c. 675.
Amended by Acts 1968, c. 13.