§ 38.2-6107. Grace period requirements
The contract holder shall be given a 31-day grace period for the payment of any premium falling due after the first premium during which coverage remains in effect. If payment is not received within the 31 days, coverage may be cancelled after the thirty-first day and the contract holder may be held liable for the payment of the premium for the period of time coverage remained in effect during the grace period.
(2004, c. 668.)
Sections: Previous 38.2-6100 38.2-6101 38.2-6102 38.2-6103 38.2-6104 38.2-6105 38.2-6106 38.2-6107 38.2-6108 38.2-6109 38.2-6110 38.2-6111 38.2-6112 38.2-6113 NextLast modified: April 3, 2009