{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-1207.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-1207.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-1207.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-1207.html"}],"law_id":361239,"edition_id":2,"section_id":361239,"structure_id":51660,"section_number":"38.2-1207","catch_line":"Exceptions as to reciprocals licensed and operating","history":"1977, c. 322, \u00a7 38.1-695.1; 1986, c. 562; 1991, c. 261.","full_text":"A\n\nNotwithstanding other provisions of this chapter regarding minimum required surplus, any reciprocal that was licensed to write and was writing any class of insurance in this Commonwealth on June 30, 1991, may continue to write that class of insurance under the appropriate license from the Commission until July 1, 1994. The reciprocal shall maintain at all times the minimum surplus, and the minimum trusteed surplus if an alien reciprocal, required on June 30, 1991.\n\nB\n\nBefore any reciprocal obtains a license to write in this Commonwealth any class of insurance that it was not writing and licensed to write in this Commonwealth on June 30, 1991, it shall comply with all the requirements of this article regarding surplus.\n\n","order_by":null,"text":{"0":{"id":1344144,"text":"Notwithstanding other provisions of this chapter regarding minimum required surplus, any reciprocal that was licensed to write and was writing any class of insurance in this Commonwealth on June 30, 1991, may continue to write that class of insurance under the appropriate license from the Commission until July 1, 1994. The reciprocal shall maintain at all times the minimum surplus, and the minimum trusteed surplus if an alien reciprocal, required on June 30, 1991.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1344145,"text":"Before any reciprocal obtains a license to write in this Commonwealth any class of insurance that it was not writing and licensed to write in this Commonwealth on June 30, 1991, it shall comply with all the requirements of this article regarding surplus.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":51660,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51659,"metadata":{"child_laws":19,"child_structures":0},"date_created":"2026-08-02 02:45:46","date_modified":"2026-08-02 12:33:00","permalink":{"id":1438217,"object_type":"structure","relational_id":51660,"identifier":"1","token":"38.2\/12\/1","url":"\/38.2\/12\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51659,"edition_id":2,"name":"Reciprocal Insurance","identifier":"12","label":"chapter","depth":2,"order_by":12,"parent_id":51644,"metadata":{"child_laws":32,"child_structures":2},"date_created":"2026-08-02 02:45:46","date_modified":"2026-08-02 12:32:59","permalink":{"id":1438215,"object_type":"structure","relational_id":51659,"identifier":"12","token":"38.2\/12","url":"\/38.2\/12\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361232,"structure_id":51660,"section_number":"38.2-1200","catch_line":"Scope of chapter","url":"\/38.2-1200\/","token":"38.2\/12\/1\/38.2-1200","metadata":false},{"id":361233,"structure_id":51660,"section_number":"38.2-1201","catch_line":"Definitions","url":"\/38.2-1201\/","token":"38.2\/12\/1\/38.2-1201","metadata":false},{"id":361234,"structure_id":51660,"section_number":"38.2-1202","catch_line":"Insuring power of reciprocals","url":"\/38.2-1202\/","token":"38.2\/12\/1\/38.2-1202","metadata":false},{"id":361235,"structure_id":51660,"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","metadata":false},{"id":361236,"structure_id":51660,"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","metadata":false},{"id":361237,"structure_id":51660,"section_number":"38.2-1205","catch_line":"Name","url":"\/38.2-1205\/","token":"38.2\/12\/1\/38.2-1205","metadata":false},{"id":361238,"structure_id":51660,"section_number":"38.2-1206","catch_line":"License required of reciprocals; surplus","url":"\/38.2-1206\/","token":"38.2\/12\/1\/38.2-1206","metadata":false},{"id":361239,"structure_id":51660,"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","metadata":false},{"id":361240,"structure_id":51660,"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","metadata":false},{"id":361241,"structure_id":51660,"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","metadata":false},{"id":361243,"structure_id":51660,"section_number":"38.2-1210","catch_line":"Contracts executed by attorney","url":"\/38.2-1210\/","token":"38.2\/12\/1\/38.2-1210","metadata":false},{"id":361244,"structure_id":51660,"section_number":"38.2-1211","catch_line":"License required of agent","url":"\/38.2-1211\/","token":"38.2\/12\/1\/38.2-1211","metadata":false},{"id":361245,"structure_id":51660,"section_number":"38.2-1212","catch_line":"Subscribers' liability","url":"\/38.2-1212\/","token":"38.2\/12\/1\/38.2-1212","metadata":false},{"id":361246,"structure_id":51660,"section_number":"38.2-1213","catch_line":"Nonassessable policies","url":"\/38.2-1213\/","token":"38.2\/12\/1\/38.2-1213","metadata":false},{"id":361247,"structure_id":51660,"section_number":"38.2-1214","catch_line":"Savings returned to subscribers","url":"\/38.2-1214\/","token":"38.2\/12\/1\/38.2-1214","metadata":false},{"id":361248,"structure_id":51660,"section_number":"38.2-1215","catch_line":"Reserves","url":"\/38.2-1215\/","token":"38.2\/12\/1\/38.2-1215","metadata":false},{"id":361249,"structure_id":51660,"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","metadata":false},{"id":361250,"structure_id":51660,"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","metadata":{"court_decisions":""}},{"id":361251,"structure_id":51660,"section_number":"38.2-1218","catch_line":"Effect of judgment against reciprocal","url":"\/38.2-1218\/","token":"38.2\/12\/1\/38.2-1218","metadata":false}],"previous_section":{"id":361238,"structure_id":51660,"section_number":"38.2-1206","catch_line":"License required of reciprocals; surplus","url":"\/38.2-1206\/","token":"38.2\/12\/1\/38.2-1206","metadata":false},"next_section":{"id":361240,"structure_id":51660,"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","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1207\/","history_text":"<p>This law was first created in 1977. The record of its establishment is cataloged in chapter 322 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1977 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1986, chapter 562; in 1991, chapter 261.<\/p>","references":false,"refers_to":false,"permalink":{"id":1438247,"object_type":"law","relational_id":361239,"identifier":"38.2-1207","token":"38.2\/12\/1\/38.2-1207","url":"\/38.2-1207\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-1207\/","token":"38.2\/12\/1\/38.2-1207","dublin_core":{"Title":"Exceptions as to reciprocals licensed and operating","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1207","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Notwithstanding other provisions of this chapter regarding minimum required surplus, any reciprocal that was licensed to write and was writing any class of <span class=\"dictionary\">insurance<\/span> in this Commonwealth on June 30, 1991, may continue to write that class of <span class=\"dictionary\">insurance<\/span> under the appropriate license from the <span class=\"dictionary\">Commission<\/span> until July 1, 1994. The reciprocal shall maintain at all times the minimum surplus, and the minimum trusteed surplus if an alien reciprocal, required on June 30, 1991. <a id=\"paragraph-1344144\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-1207\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Before any reciprocal obtains a license to write in this Commonwealth any class of <span class=\"dictionary\">insurance<\/span> that it was not writing and licensed to write in this Commonwealth on June 30, 1991, it shall comply with all the requirements of this article regarding surplus. <a id=\"paragraph-1344145\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-1207\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXCEPTIONS AS TO RECIPROCALS LICENSED AND OPERATING (\u00a7 38.2-1207)\n\nA. Notwithstanding other provisions of this chapter regarding minimum required\nsurplus, any reciprocal that was licensed to write and was writing any class of\ninsurance in this Commonwealth on June 30, 1991, may continue to write that\nclass of insurance under the appropriate license from the Commission until July\n1, 1994. The reciprocal shall maintain at all times the minimum surplus, and the\nminimum trusteed surplus if an alien reciprocal, required on June 30, 1991.\n\nB. Before any reciprocal obtains a license to write in this Commonwealth any\nclass of insurance that it was not writing and licensed to write in this\nCommonwealth on June 30, 1991, it shall comply with all the requirements of this\narticle regarding surplus.\n\nHISTORY: 1977, c. 322, \u00a7 38.1-695.1; 1986, c. 562; 1991, c. 261.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}