{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-1385.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-1385.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-1385.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-1385.html"}],"law_id":361410,"edition_id":2,"section_id":361410,"structure_id":51676,"section_number":"38.2-1385","catch_line":"Article not applicable in certain cases","history":"2014, c. 571.","full_text":"Nothing in this article shall be construed to apply to any insurer in the transaction of industrial sick benefit insurance as defined in \u00a7 38.2-3544, nor to fraternal benefit societies, except for \u00a7 38.2-1367.\n\n","order_by":null,"text":{"0":{"id":1345123,"text":"Nothing in this article shall be construed to apply to any insurer in the transaction of industrial sick benefit insurance as defined in \u00a7 38.2-3544, nor to fraternal benefit societies, except for \u00a7 38.2-1367.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51676,"edition_id":2,"name":"Standard Valuation","identifier":"10","label":"article","depth":3,"order_by":12,"parent_id":51662,"metadata":{"child_laws":21,"child_structures":0},"date_created":"2026-08-02 02:46:10","date_modified":"2026-08-02 12:33:02","permalink":{"id":1438389,"object_type":"structure","relational_id":51676,"identifier":"10","token":"38.2\/13\/10","url":"\/38.2\/13\/10\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51662,"edition_id":2,"name":"Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents","identifier":"13","label":"chapter","depth":2,"order_by":13,"parent_id":51644,"metadata":{"child_laws":128,"child_structures":13},"date_created":"2026-08-02 02:45:54","date_modified":"2026-08-02 12:33:00","permalink":{"id":1438349,"object_type":"structure","relational_id":51662,"identifier":"13","token":"38.2\/13","url":"\/38.2\/13\/","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":361389,"structure_id":51676,"section_number":"38.2-1365","catch_line":"Definitions","url":"\/38.2-1365\/","token":"38.2\/13\/10\/38.2-1365","metadata":false},{"id":361390,"structure_id":51676,"section_number":"38.2-1366","catch_line":"Reserve valuation","url":"\/38.2-1366\/","token":"38.2\/13\/10\/38.2-1366","metadata":false},{"id":361391,"structure_id":51676,"section_number":"38.2-1367","catch_line":"Actuarial opinion of reserves","url":"\/38.2-1367\/","token":"38.2\/13\/10\/38.2-1367","metadata":false},{"id":361392,"structure_id":51676,"section_number":"38.2-1368","catch_line":"Minimum valuation standard for policies issued prior to certain dates","url":"\/38.2-1368\/","token":"38.2\/13\/10\/38.2-1368","metadata":false},{"id":361393,"structure_id":51676,"section_number":"38.2-1369","catch_line":"Computation of minimum standard","url":"\/38.2-1369\/","token":"38.2\/13\/10\/38.2-1369","metadata":false},{"id":361395,"structure_id":51676,"section_number":"38.2-1370","catch_line":"Computation of minimum standard for annuities","url":"\/38.2-1370\/","token":"38.2\/13\/10\/38.2-1370","metadata":false},{"id":361396,"structure_id":51676,"section_number":"38.2-1371","catch_line":"Computation of minimum standard by calendar year of issue","url":"\/38.2-1371\/","token":"38.2\/13\/10\/38.2-1371","metadata":false},{"id":361397,"structure_id":51676,"section_number":"38.2-1372","catch_line":"Reserve valuation method; life insurance and endowment benefits","url":"\/38.2-1372\/","token":"38.2\/13\/10\/38.2-1372","metadata":false},{"id":361398,"structure_id":51676,"section_number":"38.2-1373","catch_line":"Reserve valuation method; annuity and pure endowment benefits","url":"\/38.2-1373\/","token":"38.2\/13\/10\/38.2-1373","metadata":false},{"id":361399,"structure_id":51676,"section_number":"38.2-1374","catch_line":"Minimum reserves","url":"\/38.2-1374\/","token":"38.2\/13\/10\/38.2-1374","metadata":false},{"id":361400,"structure_id":51676,"section_number":"38.2-1375","catch_line":"Optional reserve calculation","url":"\/38.2-1375\/","token":"38.2\/13\/10\/38.2-1375","metadata":{"court_decisions":""}},{"id":361401,"structure_id":51676,"section_number":"38.2-1376","catch_line":"Reserve calculation; valuation net premium exceeding the gross premium charged","url":"\/38.2-1376\/","token":"38.2\/13\/10\/38.2-1376","metadata":false},{"id":361402,"structure_id":51676,"section_number":"38.2-1377","catch_line":"Reserve calculation; indeterminate premium plans","url":"\/38.2-1377\/","token":"38.2\/13\/10\/38.2-1377","metadata":false},{"id":361403,"structure_id":51676,"section_number":"38.2-1378","catch_line":"Minimum standard for accident and health insurance contracts","url":"\/38.2-1378\/","token":"38.2\/13\/10\/38.2-1378","metadata":false},{"id":361404,"structure_id":51676,"section_number":"38.2-1379","catch_line":"Valuation manual for policies issued on or after the operative date of the valuation manual","url":"\/38.2-1379\/","token":"38.2\/13\/10\/38.2-1379","metadata":false},{"id":361405,"structure_id":51676,"section_number":"38.2-1380","catch_line":"Requirements of a principle-based valuation","url":"\/38.2-1380\/","token":"38.2\/13\/10\/38.2-1380","metadata":false},{"id":361406,"structure_id":51676,"section_number":"38.2-1381","catch_line":"Experience reporting for policies in force on or after the operative date of the valuation manual","url":"\/38.2-1381\/","token":"38.2\/13\/10\/38.2-1381","metadata":false},{"id":361407,"structure_id":51676,"section_number":"38.2-1382","catch_line":"Confidentiality","url":"\/38.2-1382\/","token":"38.2\/13\/10\/38.2-1382","metadata":false},{"id":361408,"structure_id":51676,"section_number":"38.2-1383","catch_line":"Single state exemption","url":"\/38.2-1383\/","token":"38.2\/13\/10\/38.2-1383","metadata":false},{"id":361409,"structure_id":51676,"section_number":"38.2-1384","catch_line":"Assessment against insurers whose policies are valued","url":"\/38.2-1384\/","token":"38.2\/13\/10\/38.2-1384","metadata":false},{"id":361410,"structure_id":51676,"section_number":"38.2-1385","catch_line":"Article not applicable in certain cases","url":"\/38.2-1385\/","token":"38.2\/13\/10\/38.2-1385","metadata":false}],"previous_section":{"id":361409,"structure_id":51676,"section_number":"38.2-1384","catch_line":"Assessment against insurers whose policies are valued","url":"\/38.2-1384\/","token":"38.2\/13\/10\/38.2-1384","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1385\/","history_text":"<p>This law was first created in 2014. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?141+ful+CHAP0571\">571<\/a> 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.<\/p>","references":false,"refers_to":[{"id":361391,"section_number":"38.2-1367","catch_line":"Actuarial opinion of reserves","order_by":null,"url":"\/38.2-1367\/"},{"id":362372,"section_number":"38.2-3544","catch_line":"Definition of industrial sick benefit insurance","order_by":null,"url":"\/38.2-3544\/"}],"permalink":{"id":1438471,"object_type":"law","relational_id":361410,"identifier":"38.2-1385","token":"38.2\/13\/10\/38.2-1385","url":"\/38.2-1385\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-1385\/","token":"38.2\/13\/10\/38.2-1385","dublin_core":{"Title":"Article not applicable in certain cases","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1385","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Nothing in this article shall be construed to apply to any <span class=\"dictionary\">insurer<\/span> in the transaction of industrial sick benefit <span class=\"dictionary\">insurance<\/span> as defined in \u00a7&nbsp;<a class=\"law\" title=\"Definition of industrial sick benefit insurance\" href=\"\/38.2-3544\/\">38.2-3544<\/a>, nor to fraternal benefit societies, except for \u00a7&nbsp;<a class=\"law\" title=\"Actuarial opinion of reserves\" href=\"\/38.2-1367\/\">38.2-1367<\/a>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nARTICLE NOT APPLICABLE IN CERTAIN CASES (\u00a7 38.2-1385)\n\nNothing in this article shall be construed to apply to any insurer in the\ntransaction of industrial sick benefit insurance as defined in \u00a7 38.2-3544, nor\nto fraternal benefit societies, except for \u00a7 38.2-1367.\n\nHISTORY: 2014, c. 571.","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"}}