§ 38.2-500. Declaration of purpose
The purpose of this chapter is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the McCarran-Ferguson Act, 15 U.S.C. §§ 1011 through 1015, by defining and prohibiting all practices in this Commonwealth that constitute unfair methods of competition or unfair or deceptive acts or practices.
(1952, c. 317, § 38.1-49; 1986, c. 562.)
Sections: 38.2-500 38.2-501 38.2-502 38.2-503 38.2-504 38.2-505 38.2-506 38.2-507 38.2-508 38.2-508.1 38.2-508.2 38.2-508.3 38.2-508.4 38.2-508.5 38.2-509 NextLast modified: April 3, 2009