Act No. 9084 — An act amending title 22 Virgin Islands Code, chapter 31 relating to the Virgin Islands Producer and Adjuster Licensing Act by modifying ren
ACTNO.9 084 BILL NO. 36-0219 THIRTY-SIXTH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2026 An act amending title 22 Virgin Islands Code, chapter 31 relating to the Virgin Islands Producer and Adjuster Licensing Act by modifying renewal provisions for insurance producer licenses ---0--- Be it enacted by the Legislature of the Virgin Islands: SECTION 1. Title 22 Virgin Islands Code, chapter 31 is amended in the following instances: (a) Insection 759, subsection (b): (1) | strike “An insurance producer license remains effective until December 31 of each year” and insert “An insurance producer’s license for an individual expires every two years on the last day of the licensee's birth month in the second year following the issuance or renewal of the license,”; (2) _ insert “, and” after “surrendered”; and (3) add the following language at the end of the subsection: “An insurance producer’s license for a business entity is effective for one year and expires on December 31 of each year.” (b) In section 763: (1) _ strike subsection (c) in its entirety and insert a new subsection (c): “ …
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