Virginia Statutes
§ 38.2-2505 — Risks limited to those specified in this chapter; personal liability for loss
Virginia § 38.2-2505
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 25MUTUAL ASSESSMENT PROPERTY AND CASUALTY INSURERS
Art. 1General Provisions
This text of Virginia § 38.2-2505 (Risks limited to those specified in this chapter; personal liability for loss) 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. § 38.2-2505 (2026).
Text
No mutual assessment property and casualty insurer shall insure against any losses except as specified in this chapter. Any officer or agent who knowingly or willfully violates or who causes the insurer to violate this provision shall be fined in accordance with § 38.2-218.
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Legislative History
Code 1950, § 38-541; 1952, c. 317, § 38.1-687; 1986, c. 562.
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 § 38.2-2505, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-2505.