§ 38.2-1600. Purpose
The purpose of this chapter is to establish an association that shall provide prompt payment of covered claims to reduce financial loss to claimants or policyholders resulting from the insolvency of an insurer. This association shall assist in the detection and prevention of insurer insolvencies and shall apportion the cost of this protection among insurers.
(1970, c. 766, § 38.1-757; 1986, c. 562.)
Sections: 38.2-1600 38.2-1601 38.2-1602 38.2-1603 38.2-1604 38.2-1605 38.2-1606 38.2-1607 38.2-1608 38.2-1609 38.2-1610 38.2-1611 38.2-1611.1 38.2-1612 38.2-1613 NextLast modified: April 3, 2009