Paul v. Virginia(redirected from Paul vs. Virginia)
Paul v. Virginia
An 1869 court case in the United States concerning insurance regulation. The Supreme Court held that a corporation is not a citizen of the U.S. under the privilege and immunities clause of the Constitution; that is, a state may treat corporations organized in another state differently from its own corporations. Additionally, the Court decided that the sale of an insurance policy did not constitute an Act of commerce and therefore the federal government could not regulate insurance at all. This decision was largely overturned in 1944. See also: United States v. South-Eastern Underwriters Association.