{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-2912.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-2912.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-2912.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-2912.html"}],"law_id":361963,"edition_id":2,"section_id":361963,"structure_id":51726,"section_number":"38.2-2912","catch_line":"Commissions for placing and servicing risk with Association","history":"1988, cc. 769, 783.","full_text":"For any policy issued by the Association, the commission payable to the person that places the risk with the Joint Underwriting Association or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.\n\n","order_by":null,"text":{"0":{"id":1347580,"text":"For any policy issued by the Association, the commission payable to the person that places the risk with the Joint Underwriting Association or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51726,"edition_id":2,"name":"Commercial Liability Insurance Joint Underwriting Association","identifier":"29","label":"chapter","depth":2,"order_by":29,"parent_id":51644,"metadata":{"child_laws":15,"child_structures":0},"date_created":"2026-08-02 02:47:23","date_modified":"2026-08-02 12:33:08","permalink":{"id":1441143,"object_type":"structure","relational_id":51726,"identifier":"29","token":"38.2\/29","url":"\/38.2\/29\/","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":361951,"structure_id":51726,"section_number":"38.2-2900","catch_line":"Definitions","url":"\/38.2-2900\/","token":"38.2\/29\/38.2-2900","metadata":false},{"id":361950,"structure_id":51726,"section_number":"38.2-2900.1","catch_line":"Market assistance plan","url":"\/38.2-2900.1\/","token":"38.2\/29\/38.2-2900.1","metadata":false},{"id":361952,"structure_id":51726,"section_number":"38.2-2901","catch_line":"Association activation; members; purpose; determinations by Commission; powers of Association","url":"\/38.2-2901\/","token":"38.2\/29\/38.2-2901","metadata":false},{"id":361953,"structure_id":51726,"section_number":"38.2-2902","catch_line":"Dissolution","url":"\/38.2-2902\/","token":"38.2\/29\/38.2-2902","metadata":false},{"id":361954,"structure_id":51726,"section_number":"38.2-2903","catch_line":"Directors","url":"\/38.2-2903\/","token":"38.2\/29\/38.2-2903","metadata":false},{"id":361955,"structure_id":51726,"section_number":"38.2-2904","catch_line":"Plan of operation","url":"\/38.2-2904\/","token":"38.2\/29\/38.2-2904","metadata":false},{"id":361956,"structure_id":51726,"section_number":"38.2-2905","catch_line":"Policy forms; applicants to be issued policies; cancellation of policies; rates; group retrospective rating plan; examination of business of Association","url":"\/38.2-2905\/","token":"38.2\/29\/38.2-2905","metadata":false},{"id":361957,"structure_id":51726,"section_number":"38.2-2906","catch_line":"Stabilization reserve fund","url":"\/38.2-2906\/","token":"38.2\/29\/38.2-2906","metadata":false},{"id":361958,"structure_id":51726,"section_number":"38.2-2907","catch_line":"Participation in Association by insurers","url":"\/38.2-2907\/","token":"38.2\/29\/38.2-2907","metadata":false},{"id":361959,"structure_id":51726,"section_number":"38.2-2908","catch_line":"Review of actions or decisions of Association","url":"\/38.2-2908\/","token":"38.2\/29\/38.2-2908","metadata":false},{"id":361960,"structure_id":51726,"section_number":"38.2-2909","catch_line":"Annual statements","url":"\/38.2-2909\/","token":"38.2\/29\/38.2-2909","metadata":false},{"id":361961,"structure_id":51726,"section_number":"38.2-2910","catch_line":"Annual examination into affairs of Association","url":"\/38.2-2910\/","token":"38.2\/29\/38.2-2910","metadata":false},{"id":361962,"structure_id":51726,"section_number":"38.2-2911","catch_line":"Public officers or employees","url":"\/38.2-2911\/","token":"38.2\/29\/38.2-2911","metadata":false},{"id":361963,"structure_id":51726,"section_number":"38.2-2912","catch_line":"Commissions for placing and servicing risk with Association","url":"\/38.2-2912\/","token":"38.2\/29\/38.2-2912","metadata":false},{"id":361964,"structure_id":51726,"section_number":"38.2-2913","catch_line":"Liability","url":"\/38.2-2913\/","token":"38.2\/29\/38.2-2913","metadata":false}],"previous_section":{"id":361962,"structure_id":51726,"section_number":"38.2-2911","catch_line":"Public officers or employees","url":"\/38.2-2911\/","token":"38.2\/29\/38.2-2911","metadata":false},"next_section":{"id":361964,"structure_id":51726,"section_number":"38.2-2913","catch_line":"Liability","url":"\/38.2-2913\/","token":"38.2\/29\/38.2-2913","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2912\/","history_text":"<p>This law was first created in 1988. The record of its establishment is cataloged in chapters 769 and 783 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 1988 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":1441197,"object_type":"law","relational_id":361963,"identifier":"38.2-2912","token":"38.2\/29\/38.2-2912","url":"\/38.2-2912\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-2912\/","token":"38.2\/29\/38.2-2912","dublin_core":{"Title":"Commissions for placing and servicing risk with Association","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2912","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>For any policy issued by the <span class=\"dictionary\">Association<\/span>, the <span class=\"dictionary\">commission<\/span> payable to the <span class=\"dictionary\">person<\/span> that places the risk with the Joint Underwriting <span class=\"dictionary\">Association<\/span> or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCOMMISSIONS FOR PLACING AND SERVICING RISK WITH ASSOCIATION (\u00a7 38.2-2912)\n\nFor any policy issued by the Association, the commission payable to the person\nthat places the risk with the Joint Underwriting Association or services the\nrisk shall be limited to five percent of the annual premium for the policy or\n$1,000, whichever is less.\n\nHISTORY: 1988, cc. 769, 783.","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"}}