{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-2414.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-2414.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-2414.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-2414.html"}],"law_id":361865,"edition_id":2,"section_id":361865,"structure_id":51715,"section_number":"38.2-2414","catch_line":"Insurer estopped to deny power to assume liability","history":"Code 1950, \u00a7 38-348; 1952, c. 317, \u00a7 38.1-650; 1986, c. 562.","full_text":"Any fidelity and surety insurer that executes any bond as surety under the provisions of this chapter shall be estopped, in any proceedings to enforce the liability it has assumed, to deny its power to execute the bond or assume the liability.\n\n","order_by":null,"text":{"0":{"id":1347269,"text":"Any fidelity and surety insurer that executes any bond as surety under the provisions of this chapter shall be estopped, in any proceedings to enforce the liability it has assumed, to deny its power to execute the bond or assume the liability.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51715,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51714,"metadata":{"child_laws":17,"child_structures":0},"date_created":"2026-08-02 02:47:09","date_modified":"2026-08-02 12:33:07","permalink":{"id":1440721,"object_type":"structure","relational_id":51715,"identifier":"1","token":"38.2\/24\/1","url":"\/38.2\/24\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51714,"edition_id":2,"name":"Fidelity and Surety Insurance","identifier":"24","label":"chapter","depth":2,"order_by":24,"parent_id":51644,"metadata":{"child_laws":22,"child_structures":2},"date_created":"2026-08-02 02:47:09","date_modified":"2026-08-02 12:33:07","permalink":{"id":1440719,"object_type":"structure","relational_id":51714,"identifier":"24","token":"38.2\/24","url":"\/38.2\/24\/","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":361850,"structure_id":51715,"section_number":"38.2-2400","catch_line":"Class of insurance to which chapter applies","url":"\/38.2-2400\/","token":"38.2\/24\/1\/38.2-2400","metadata":{"court_decisions":""}},{"id":361851,"structure_id":51715,"section_number":"38.2-2401","catch_line":"Fidelity and surety insurer defined","url":"\/38.2-2401\/","token":"38.2\/24\/1\/38.2-2401","metadata":{"court_decisions":""}},{"id":361852,"structure_id":51715,"section_number":"38.2-2402","catch_line":"Fidelity and surety insurer not to transact insurance without appropriate license","url":"\/38.2-2402\/","token":"38.2\/24\/1\/38.2-2402","metadata":{"court_decisions":""}},{"id":361853,"structure_id":51715,"section_number":"38.2-2403","catch_line":"Limitation of liability on risks","url":"\/38.2-2403\/","token":"38.2\/24\/1\/38.2-2403","metadata":{"court_decisions":""}},{"id":361854,"structure_id":51715,"section_number":"38.2-2404","catch_line":"Limit when penalty of bond exceeds actual exposure to risk","url":"\/38.2-2404\/","token":"38.2\/24\/1\/38.2-2404","metadata":false},{"id":361855,"structure_id":51715,"section_number":"38.2-2405","catch_line":"When insurer accepted as surety","url":"\/38.2-2405\/","token":"38.2\/24\/1\/38.2-2405","metadata":{"court_decisions":{"0":{"name":"REVI, LLC v. Chicago Title Insurance Co.","case_number":"Record 141562.","citation":"776 S.E.2d 808","date":"2015-09-17","url":"https:\/\/www.courtlistener.com\/opinion\/2959680\/revi-llc-v-chicago-title-insurance-co\/","abstract":" .\u202f.\u202f. Justice KELSEY, dissenting. .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"}}}},{"id":361856,"structure_id":51715,"section_number":"38.2-2406","catch_line":"Requirements deemed met by insurer","url":"\/38.2-2406\/","token":"38.2\/24\/1\/38.2-2406","metadata":{"court_decisions":{"0":{"name":"Whitlinger v. Continental Casualty Co.","case_number":"Civ.A. 2:00CV579","citation":"129 F. Supp. 2d 924","date":"2001-01-22","url":"https:\/\/www.courtlistener.com\/opinion\/2471561\/whitlinger-v-continental-casualty-co\/","abstract":" .\u202f.\u202f. 129 F.Supp.2d 924 (2001) .\u202f.\u202f. ","court_html":"District Court, E.D. Virginia"}}}},{"id":361857,"structure_id":51715,"section_number":"38.2-2407","catch_line":"Repealed","url":"\/38.2-2407\/","token":"38.2\/24\/1\/38.2-2407","metadata":{"court_decisions":""}},{"id":361858,"structure_id":51715,"section_number":"38.2-2409","catch_line":"Agreement for joint control of money and assets","url":"\/38.2-2409\/","token":"38.2\/24\/1\/38.2-2409","metadata":{"court_decisions":{"0":{"name":"REVI, LLC v. Chicago Title Insurance Co.","case_number":"Record 141562.","citation":"776 S.E.2d 808","date":"2015-09-17","url":"https:\/\/www.courtlistener.com\/opinion\/2959680\/revi-llc-v-chicago-title-insurance-co\/","abstract":" .\u202f.\u202f. Justice KELSEY, dissenting. .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"}}}},{"id":361859,"structure_id":51715,"section_number":"38.2-2410","catch_line":"Expense of securing bond to be allowed in settlements; exceptions","url":"\/38.2-2410\/","token":"38.2\/24\/1\/38.2-2410","metadata":{"court_decisions":{"0":{"name":"REVI, LLC v. Chicago Title Insurance Co.","case_number":"Record 141562.","citation":"776 S.E.2d 808","date":"2015-09-17","url":"https:\/\/www.courtlistener.com\/opinion\/2959680\/revi-llc-v-chicago-title-insurance-co\/","abstract":" .\u202f.\u202f. Justice KELSEY, dissenting. .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"}}}},{"id":361860,"structure_id":51715,"section_number":"38.2-2411","catch_line":"Repealed","url":"\/38.2-2411\/","token":"38.2\/24\/1\/38.2-2411","metadata":{"court_decisions":""}},{"id":361863,"structure_id":51715,"section_number":"38.2-2412","catch_line":"Notice to clerks of revocation of licenses","url":"\/38.2-2412\/","token":"38.2\/24\/1\/38.2-2412","metadata":false},{"id":361861,"structure_id":51715,"section_number":"38.2-2412.1","catch_line":"Notice to Department of Criminal Justice Services of revocation of property and casualty insurance license","url":"\/38.2-2412.1\/","token":"38.2\/24\/1\/38.2-2412.1","metadata":{"court_decisions":""}},{"id":361862,"structure_id":51715,"section_number":"38.2-2412.2","catch_line":"Surety bail bondsman; notice to Department of Criminal Justice Services of violations","url":"\/38.2-2412.2\/","token":"38.2\/24\/1\/38.2-2412.2","metadata":false},{"id":361864,"structure_id":51715,"section_number":"38.2-2413","catch_line":"Release of insurers from liability; rights and remedies","url":"\/38.2-2413\/","token":"38.2\/24\/1\/38.2-2413","metadata":{"court_decisions":""}},{"id":361865,"structure_id":51715,"section_number":"38.2-2414","catch_line":"Insurer estopped to deny power to assume liability","url":"\/38.2-2414\/","token":"38.2\/24\/1\/38.2-2414","metadata":false},{"id":361866,"structure_id":51715,"section_number":"38.2-2415","catch_line":"Where civil proceedings may be instituted","url":"\/38.2-2415\/","token":"38.2\/24\/1\/38.2-2415","metadata":false}],"previous_section":{"id":361864,"structure_id":51715,"section_number":"38.2-2413","catch_line":"Release of insurers from liability; rights and remedies","url":"\/38.2-2413\/","token":"38.2\/24\/1\/38.2-2413","metadata":{"court_decisions":""}},"next_section":{"id":361866,"structure_id":51715,"section_number":"38.2-2415","catch_line":"Where civil proceedings may be instituted","url":"\/38.2-2415\/","token":"38.2\/24\/1\/38.2-2415","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2414\/","history_text":"<p>The record of this law\u2019s original creation isn\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 1952, chapter 317; in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":1440783,"object_type":"law","relational_id":361865,"identifier":"38.2-2414","token":"38.2\/24\/1\/38.2-2414","url":"\/38.2-2414\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-2414\/","token":"38.2\/24\/1\/38.2-2414","dublin_core":{"Title":"Insurer estopped to deny power to assume liability","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2414","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any fidelity and <span class=\"dictionary\">surety<\/span> <span class=\"dictionary\">insurer<\/span> that executes any <span class=\"dictionary\">bond<\/span> as <span class=\"dictionary\">surety<\/span> under the provisions of this chapter shall be estopped, in any proceedings to enforce the liability it has assumed, to deny its power to execute the <span class=\"dictionary\">bond<\/span> or assume the liability.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nINSURER ESTOPPED TO DENY POWER TO ASSUME LIABILITY (\u00a7 38.2-2414)\n\nAny fidelity and surety insurer that executes any bond as surety under the\nprovisions of this chapter shall be estopped, in any proceedings to enforce the\nliability it has assumed, to deny its power to execute the bond or assume the\nliability.\n\nHISTORY: Code 1950, \u00a7 38-348; 1952, c. 317, \u00a7 38.1-650; 1986, c. 562.","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"}}