38.2-1001 - Incorporation of domestic mutual insurers. - Virginia Statutes

§ 38.2-1001. Incorporation of domestic mutual insurers.

Domestic mutual insurers shall be incorporated under the provisions ofArticle 3 (§ 13.1-818 et seq.) of Chapter 10 of Title 13.1. A foreign insurermay become a domestic insurer under the provisions of Article 10 (§ 13.1-884et seq.) or Article 11 (§ 13.1-894 et seq.) of Chapter 10 of Title 13.1.Except as otherwise provided in this title, domestic mutual insurers shall besubject to all the general restrictions and shall have all the general powersimposed and conferred by law.

(Code 1950, §§ 38-27, 38-497, 38-498, 38-500, 38-501, 38-502; 1952, c. 317, §38.1-74; 1956, c. 431; 1986, c. 562; 1995, c. 69.)