Virginia Statutes

§ 38.2-122.2 — Credit property insurance

Virginia § 38.2-122.2
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 1GENERAL PROVISIONS
Art. 2INSURANCE CLASSIFIED AND DEFINED

This text of Virginia § 38.2-122.2 (Credit property insurance) 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. § 38.2-122.2 (2026).

Text

"Credit property insurance" means insurance against direct physical damage to personal household property used as security for a loan or other credit transaction. Such insurance may insure the creditor as sole beneficiary or may insure both the creditor and the debtor with the creditor as primary beneficiary and the debtor as beneficiary of proceeds not paid to the creditor. For purposes of this definition, "personal household property" does not include motor vehicles, mobile homes, or watercraft. The term "credit property insurance" shall not mean any insurance defined in § 38.2-122.

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Legislative History

2000, c. 526.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Virginia § 38.2-122.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-122.2.