Code of Virginia - Title 38.2 Insurance - Section 38.2-2512 Who may become members

§ 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