Basic Property Insurance Residual Market Facility and Joint Underwriting Association

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Chapter 27 of the Code of Virginia, titled “Basic Property Insurance Residual Market Facility and Joint Underwriting Association.” It is part of Title 38.2 “Insurance”.

It’s comprised of the following 14 sections.

§ 38.2-2700	Purposes of chapter
§ 38.2-2701	Definitions
§ 38.2-2702	Establishment of residual market facility
§ 38.2-2703	Rules, rates, policy forms and endorsements subject to the approval of Commission
§ 38.2-2704	Inspection of property
§ 38.2-2705	Operation of inspection service
§ 38.2-2706	Service of process
§ 38.2-2707	When Commission may order implementation of §§ 38.2-2708 and 38.2-2709
§ 38.2-2708	Creation and plan of operation of joint underwriting association
§ 38.2-2709	Ceding basic property insurance to association; participation of members; governing body
§ 38.2-2710	Supervision and regulation by Commission
§ 38.2-2711	Immunity from liability; reports, etc., not public documents
§ 38.2-2712	Appeal from decision of inspection service, residual market facility or joint underwriting association
§ 38.2-2713	Obligations not to be impaired in event of repeal of chapter