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VIRGINIA STATUTES AND CODES
Chapter 25 - Mutual Assessment Property and Casualty Insurers (38.2-2500 thru 38.2-2529)
- 38.2-2500 - Scope of chapter.
- 38.2-2501 - Definitions.
- 38.2-2502 - Mutual assessment insurance authorized.
- 38.2-2503 - Classes of insurance that may be written by mutual assessment property and casualty insurers; minimum surplus to policyholders required.
- 38.2-2504 - Property beyond authorized territory.
- 38.2-2505 - Risks limited to those specified in this chapter; personal liability for loss.
- 38.2-2506 - What laws applicable.
- 38.2-2507 - Conversion of mutual assessment property and casualty insurers.
- 38.2-2508 - Incorporation of insurers.
- 38.2-2509 - Directors; terms; annual meetings; voting; executive committee.
- 38.2-2510 - Officers.
- 38.2-2511 - How license obtained.
- 38.2-2512 - Who may become members.
- 38.2-2513 - Withdrawal and exclusion of members.
- 38.2-2514 - Procedure upon exclusion of member.
- 38.2-2515 - Insurers to maintain membership of 100 or more; license suspended or revoked if membership not maintained; rehabilitation or liquidation.
- 38.2-2516 - Issuance of policies; bylaws as part of contract.
- 38.2-2517 - Policy forms to be filed.
- 38.2-2518 - Assessment contract.
- 38.2-2519 - Classification of risks; rates.
- 38.2-2520 - Right to limit assessment liability.
- 38.2-2521 - Notice of assessment; how given.
- 38.2-2522 - Action to recover assessments; penalty.
- 38.2-2523 - Notice of loss and adjustment.
- 38.2-2524 - Proceeding when loss or damage exceeds cash on hand.
- 38.2-2525 - Agents licenses required.
- 38.2-2526 - Surplus to policyholders.
- 38.2-2527 - Limitation on single risk to be assumed.
- 38.2-2528 - Reinsurance.
- 38.2-2529 - Unearned premium reserves required.
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