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Home » US Law » 2019 US Virgin Islands Code » Title 22 - Insurance » Chapter 55 - Virgin Islands International Insurers Act » Subchapter I - Virgin Islands International Insurers Act

§ 1419. Penalties

Violation of any provision in this chapter shall be subject to the penalties provided for in chapter 1, section 7 of this Title.

§ 1422. Preservation of right

Notwithstanding any provision to the contrary, any existing and licensed International Insurance Company and International Insurer Support Business on the effective date of this section shall not be subject to any amended provisions enacted herewith that may adversely affect, impair or limit the benefits provided prior to the amendments enacted herewith.