Virginia Statutes

§ 38.2-3736 — Noncontributory coverage

Virginia § 38.2-3736
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 37.1CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND SICKNESS INSURANCE

This text of Virginia § 38.2-3736 (Noncontributory coverage) 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. § 38.2-3736 (2026).

Text

If no specific charge is made to the debtor for credit life or credit accident and sickness insurance, the Commission is granted discretion in applying the provisions of this chapter. Each company must comply with § 38.2-3725 and the filing letter must specifically request an exemption from Virginia law. For purposes of this section, it will be considered that the debtor is charged a specific amount for insurance if an identifiable charge for insurance is disclosed in the credit or other instrument furnished the debtor which sets out the financial elements of the credit transactions, or if there is a differential in finance, interest, service or other similar charges made to debtors who are in like circumstances, except for their insured or noninsured status.

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Legislative History

1992, c. 586.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Virginia § 38.2-3736, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3736.