Virginia Statutes
§ 38.2-2002.1 — Residual market mechanism; reinsurance pool
Virginia § 38.2-2002.1
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 20REGULATION OF RATES FOR CERTAIN TYPES OF INSURANCE
Art. 1General Provisions
This text of Virginia § 38.2-2002.1 (Residual market mechanism; reinsurance pool) 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. § 38.2-2002.1 (2026).
Text
Notwithstanding any other provision of law, insurers and rate service organizations participating in joint reinsurance pools organized for the purpose of establishing a residual market mechanism may, in connection with such purpose, act in cooperation with each other in the making of rates, rating systems, policy forms, underwriting rules, surveys, inspections, investigations, the furnishing of statistical or other information on losses and expenses, or the conduct of research.
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Legislative History
1993, c. 985.
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 § 38.2-2002.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-2002.1.