(a) All certificates of authority shall expire on the 31st day of December next succeeding the date of issue or renewal, and if the insurer qualifies therefor its certificate shall be renewed annually for a period of not more than one year.\n(b) The Commissioner may amend a certificate of authority at any time in accordance with changes in the insurer's charter or insuring powers.
U.S. Virgin Islands Legal Code
210
U.S. Virgin Islands § 210 — U.S. Virgin Islands law