Basic Property Insurance Residual Market Facility And Joint Underwriting Association
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, titled “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