38.2-3216 - Same; operative date for § 38.2-3208. - Virginia Statutes

§ 38.2-3216. Same; operative date for § 38.2-3208.

After July 1, 1962, any insurer may file with the Commission a written noticeof its election to comply with the provisions of § 38.2-3208 after aspecified date before January 1, 1968. After the filing of the notice, thenupon the specified date, which shall be the operative date of this sectionfor the insurer, § 38.2-3208 shall become operative with respect to theindustrial policies thereafter issued by that insurer. If an insurer makes noelection, the operative date of § 38.2-3208 for the insurer shall be January1, 1968.

(1962, c. 562, § 38.1-468.2; 1986, c. 562.)