Virginia Statutes
§ 38.2-3507 — Third-party ownership
Virginia § 38.2-3507
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 35ACCIDENT AND SICKNESS INSURANCE POLICIES
Art. 1INDIVIDUAL ACCIDENT AND SICKNESS INSURANCE POLICIES
This text of Virginia § 38.2-3507 (Third-party ownership) 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. § 38.2-3507 (2026).
Text
The word "insured," as used in this article, shall not be construed to prevent a person with a proper insurable interest from applying for and owning a policy covering another person or from being entitled to any indemnities, benefits and rights provided under the policy.
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Legislative History
1952, c. 317, § 38.1-353; 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 § 38.2-3507, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3507.