{"law_id":"774985","section_number":"38.2-1215","catch_line":"Reserves","history":"Code 1950, \u00a7\u00a7 38-558, 38-559; 1952, c. 317, \u00a7 38.1-705; 1986, c. 562.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/38.2-1215\/","refers_to":false,"url":"\/38.2-1215\/","token":"38.2\/12\/1\/38.2-1215","structure":{"1":{"id":"1385","name":"General Provisions","identifier":"1","label":"article","url":"\/38.2\/12\/1\/"},"2":{"id":"1384","name":"Reciprocal Insurance","identifier":"12","label":"chapter","url":"\/38.2\/12\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"referred_to_by":false,"edition_id":"11","section_id":"774985","structure_id":"1385","full_text":"Each reciprocal shall maintain the same unearned premium and loss or claim reserves required for stock and mutual companies writing the same classes of insurance.","text":{"0":{"id":"2498924","text":"Each reciprocal shall maintain the same unearned premium and loss or claim reserves required for stock and mutual companies writing the same classes of insurance.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"1385","name":"General Provisions","identifier":"1","label":"article","url":"\/38.2\/12\/1\/"},"2":{"id":"1384","name":"Reciprocal Insurance","identifier":"12","label":"chapter","url":"\/38.2\/12\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"structure_contents":{"0":{"id":"780970","structure_id":"1385","section_number":"38.2-1200","catch_line":"Scope of chapter","url":"\/38.2-1200\/","token":"38.2\/12\/1\/38.2-1200"},"1":{"id":"785873","structure_id":"1385","section_number":"38.2-1201","catch_line":"Definitions","url":"\/38.2-1201\/","token":"38.2\/12\/1\/38.2-1201"},"2":{"id":"766325","structure_id":"1385","section_number":"38.2-1202","catch_line":"Insuring power of reciprocals","url":"\/38.2-1202\/","token":"38.2\/12\/1\/38.2-1202"},"3":{"id":"770100","structure_id":"1385","section_number":"38.2-1203","catch_line":"What laws applicable to reciprocals; compliance with \u00a7 38.2-208","url":"\/38.2-1203\/","token":"38.2\/12\/1\/38.2-1203"},"4":{"id":"785298","structure_id":"1385","section_number":"38.2-1204","catch_line":"Power to enter into reciprocal insurance contracts","url":"\/38.2-1204\/","token":"38.2\/12\/1\/38.2-1204"},"5":{"id":"788792","structure_id":"1385","section_number":"38.2-1205","catch_line":"Name","url":"\/38.2-1205\/","token":"38.2\/12\/1\/38.2-1205"},"6":{"id":"768899","structure_id":"1385","section_number":"38.2-1206","catch_line":"License required of reciprocals; surplus","url":"\/38.2-1206\/","token":"38.2\/12\/1\/38.2-1206"},"7":{"id":"774680","structure_id":"1385","section_number":"38.2-1207","catch_line":"Exceptions as to reciprocals licensed and operating","url":"\/38.2-1207\/","token":"38.2\/12\/1\/38.2-1207"},"8":{"id":"770670","structure_id":"1385","section_number":"38.2-1208","catch_line":"Additional requirements, foreign and alien reciprocals","url":"\/38.2-1208\/","token":"38.2\/12\/1\/38.2-1208"},"9":{"id":"780282","structure_id":"1385","section_number":"38.2-1209","catch_line":"Residence and office of attorney of foreign and alien reciprocals","url":"\/38.2-1209\/","token":"38.2\/12\/1\/38.2-1209"},"10":{"id":"781174","structure_id":"1385","section_number":"38.2-1210","catch_line":"Contracts executed by attorney","url":"\/38.2-1210\/","token":"38.2\/12\/1\/38.2-1210"},"11":{"id":"772816","structure_id":"1385","section_number":"38.2-1211","catch_line":"License required of agent","url":"\/38.2-1211\/","token":"38.2\/12\/1\/38.2-1211"},"12":{"id":"793878","structure_id":"1385","section_number":"38.2-1212","catch_line":"Subscribers' liability","url":"\/38.2-1212\/","token":"38.2\/12\/1\/38.2-1212"},"13":{"id":"793391","structure_id":"1385","section_number":"38.2-1213","catch_line":"Nonassessable policies","url":"\/38.2-1213\/","token":"38.2\/12\/1\/38.2-1213"},"14":{"id":"771941","structure_id":"1385","section_number":"38.2-1214","catch_line":"Savings returned to subscribers","url":"\/38.2-1214\/","token":"38.2\/12\/1\/38.2-1214"},"15":{"id":"774985","structure_id":"1385","section_number":"38.2-1215","catch_line":"Reserves","url":"\/38.2-1215\/","token":"38.2\/12\/1\/38.2-1215"},"16":{"id":"774251","structure_id":"1385","section_number":"38.2-1216","catch_line":"Clerk of Commission to be appointed agent for service of process; procedure thereafter","url":"\/38.2-1216\/","token":"38.2\/12\/1\/38.2-1216"},"17":{"id":"769875","structure_id":"1385","section_number":"38.2-1217","catch_line":"Reciprocal may be sued as such; where action or suit may be brought; upon whom service of process had","url":"\/38.2-1217\/","token":"38.2\/12\/1\/38.2-1217"},"18":{"id":"791266","structure_id":"1385","section_number":"38.2-1218","catch_line":"Effect of judgment against reciprocal","url":"\/38.2-1218\/","token":"38.2\/12\/1\/38.2-1218"}},"previous_section":{"id":"771941","structure_id":"1385","section_number":"38.2-1214","catch_line":"Savings returned to subscribers","url":"\/38.2-1214\/","token":"38.2\/12\/1\/38.2-1214"},"next_section":{"id":"774251","structure_id":"1385","section_number":"38.2-1216","catch_line":"Clerk of Commission to be appointed agent for service of process; procedure thereafter","url":"\/38.2-1216\/","token":"38.2\/12\/1\/38.2-1216"},"references":false,"formats":{"txt":"\/38.2-1215.txt","json":"\/38.2-1215.json","xml":"\/38.2-1215.xml"},"dublin_core":{"Title":"Reserves","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1215","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nRESERVES (\u00a7 38.2-1215)\n\nEach reciprocal shall maintain the same unearned premium and loss or claim\nreserves required for stock and mutual companies writing the same classes of\ninsurance.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-558, 38-559; 1952, c. 317, \u00a7 38.1-705; 1986, c.\n562."}