Virginia Statutes
§ 38.2-122 — Credit
Virginia § 38.2-122
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 1GENERAL PROVISIONS
Art. 2INSURANCE CLASSIFIED AND DEFINED
This text of Virginia § 38.2-122 (Credit) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 38.2-122 (2026).
Text
"Credit insurance" means indemnifying merchants or other persons extending credit against loss or damage resulting from the nonpayment of debts owed to them. "Credit insurance" includes the incidental power to acquire and dispose of debts so insured and to collect any debts owed to the insurer or to any persons so insured by the insurer. "Credit insurance" does not include any insurance defined in §§ 38.2-103, 38.2-108, 38.2-122.1, 38.2-122.2 or § 38.2-128.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1952, c. 317, § 38.1-19; 1986, c. 562; 2000, c. 526.
Nearby Sections
15
§ 38.2-100
Definitions§ 38.2-1000
Incorporation of domestic stock insurers§ 38.2-1001
Incorporation of domestic mutual insurers§ 38.2-1004
Voting§ 38.2-1005
Certain mutual companies and societies not to become stock companies without approval of Commission§ 38.2-1005.1:1
Definitions§ 38.2-1005.1:10
Conflicts of interest§ 38.2-1005.1:11
Costs and expenses§ 38.2-1005.1:12
Failure to give notice§ 38.2-1005.1:13
Limitation on actionsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 38.2-122, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-122.