§ 38.2-2508. Incorporation of insurers
Mutual assessment property and casualty insurers formed after July 1, 1986, shall be incorporated under the provisions of Article 3 (§ 13.1-818 et seq.) of Chapter 10 of Title 13.1, as modified by the provisions of this title. Except as otherwise provided in this title, mutual assessment property and casualty insurers shall be subject to all the general restrictions and have all the general powers imposed and conferred upon those corporations by law. Mutual assessment property and casualty insurers formed prior to July 1, 1986, may continue to operate as organized.
(Code 1950, § 38-523; 1952, c. 317, § 38.1-666; 1956, c. 431; 1986, c. 562.)
Sections: Previous 38.2-2501 38.2-2502 38.2-2503 38.2-2504 38.2-2505 38.2-2506 38.2-2507 38.2-2508 38.2-2509 38.2-2510 38.2-2511 38.2-2512 38.2-2513 38.2-2514 38.2-2515 NextLast modified: April 16, 2009