Code of Virginia - Title 38.2 Insurance - Section 38.2-3000 Supervision and control of Fund by Commission; payments from Fund

§ 38.2-3000. Supervision and control of Fund by Commission; payments from Fund

The Uninsured Motorists Fund, referred to in this chapter as the Fund, shall be under the supervision and control of the Commission. Payments from the Fund shall be made on warrants of the Comptroller issued on vouchers signed by a person designated by the Commission. The purpose of the Fund is to reduce the cost of the insurance required by subsection A of § 38.2-2206.

(Code 1950, § 12-65; 1958, c. 455, § 38.1-379.1; 1962, c. 253; 1971, Ex. Sess., c. 44; 1986, c. 562.)

Sections:  38.2-3000  38.2-3001  Next

Last modified: April 16, 2009