Code of Virginia - Title 38.2 Insurance - Section 38.2-1218 Effect of judgment against reciprocal

§ 38.2-1218. Effect of judgment against reciprocal

Any judgment against a reciprocal based upon legal process duly served as provided in this chapter shall be binding upon the reciprocal and upon each of the reciprocal's subscribers as their respective interests may appear, in an amount not exceeding their respective contingent assessment liabilities.

(1952, c. 317, § 38.1-708; 1986, c. 562.)

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Last modified: April 3, 2009