No person shall:
1. Knowingly file with any supervisory or other public official, or knowingly make, publish, disseminate, circulate, or deliver to any person, or place before the public, or knowingly cause, directly or indirectly, to be made, published, disseminated, circulated, delivered to any person, or placed before the public, any false material statement of fact as to the financial condition of a person; or
2. Knowingly make any false entry of a material fact in any book, report or statement of any person or knowingly fail to make a true entry of any material fact pertaining to the business of any person in any book, report or statement of that person.
Code 1950, § 38.1-52; 1952, c. 317, § 38.1-52.5; 1977, c. 529; 1978, c. 441; 1979, c. 324; 1980, c. 404; 1986, c. 562.
Structure Code of Virginia
Chapter 5 - Unfair Trade Practices
§ 38.2-500. Declaration of purpose
§ 38.2-502. Misrepresentations and false advertising of insurance policies
§ 38.2-503. False information and advertising generally
§ 38.2-505. Boycott, coercion and intimidation
§ 38.2-506. False statements and entries
§ 38.2-507. Stock operations and advisory board contracts
§ 38.2-508. Unfair discrimination
§ 38.2-508.1. Unfair discrimination; members of the armed forces
§ 38.2-508.2. Discrimination prohibited
§ 38.2-508.3. Consideration of Medicaid eligibility prohibited
§ 38.2-508.4. Genetic information privacy
§ 38.2-510. Unfair claim settlement practices
§ 38.2-511. Failure to maintain record of complaints
§ 38.2-512. Misrepresentation in insurance documents or communications
§ 38.2-513.1. Insurance sales by depository institutions and other lending institutions
§ 38.2-514. Failure to make disclosure
§ 38.2-514.1. Disclosure required
§ 38.2-514.2. Disclosures required of motor vehicle rental contract insurance agents and enrollers
§ 38.2-515. Power of Commission
§ 38.2-515.1. Power of Commission; policies issued outside of the Commonwealth
§ 38.2-516. Prohibited compensation for intra-company replacement
§ 38.2-517. Unfair settlement practices; replacement and repair; penalty