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64 chapters · 1,789 sections in this title.
Va. Code Ann. § 38.2-2900 Definitions
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As used in this chapter: "Association" means the joint underwriting association established pursuant to the provisions of this chapter. "Commercial liability insurance" means the commercial classes of insurance defined in §§ 38.2-117 and 38.2-118, but for the purposes of this cha…
Va. Code Ann. § 38.2-2900.1 Market assistance plan
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The Commission may authorize the formation of a voluntary market assistance plan to assist in the individual placement of coverage for any lines, subclassifications, or types of commercial liability insurance. Such plan shall not be an insurer capable of assuming insurance risks.
Va. Code Ann. § 38.2-2901 Association activation; members; purpose; determinations by Commission; powers of Association
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A. After investigation, notice, and hearing, the Commission shall be empowered to activate a Joint Underwriting Association with respect to any line, subclassification or type of commercial liability insurance coverage if it finds that such line, subclassification, or type of com…
Va. Code Ann. § 38.2-2902 Dissolution
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A. When the Association has ceased all of its underwriting operations by order of the Commission under subdivision 2 of subsection C of § 38.2-2901, it shall be subject during its continued existence to the following: 1. The Association shall remain in existence for the sole purp…