38.2-1002 - Additional requirements of articles of incorporation; name. - Virginia Statutes

§ 38.2-1002. Additional requirements of articles of incorporation; name.

The articles of incorporation for a domestic mutual insurer shall be signedby at least twenty natural persons, a majority of whom are legal residents ofthis Commonwealth. The articles shall, in addition to complying with therequirements of Article 3 (§ 13.1-818 et seq.) of Chapter 10 of Title 13.1,set forth the classes of insurance the insurer proposes to write.

(Code 1950, §§ 38-28, 38-497, 38-498, 38-499; 1952, c. 317, § 38.1-75; 1956,c. 431; 1958, c. 596; 1986, c. 562.)