§ 38.2-2512. Who may become members
Any person having a risk insurable under this chapter who resides in the territory in which the insurer operates or who owns property located in the territory may become a member of a mutual assessment property and casualty insurer and shall be entitled to all the rights and privileges pertaining to membership. Any officer, trustee, board member or legal representative of a corporation, board, estate or association may be recognized as acting for or on its behalf for the purpose of the membership, but shall not be personally liable under the contract of insurance by reason of acting in such representative capacity.
(1952, c. 317, § 38.1-669; 1986, c. 562.)Sections: Previous 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 38.2-2516 38.2-2517 38.2-2518 38.2-2519 Next
Last modified: April 3, 2009