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Indemnification (§ 13.1-1230)
2016A A business trust shall have the power to indemnify and hold harmless any trustee, officer, employee or agent from and against any and all claims and demands to the same extent as a director, officer, employee or agent of a Virginia corporation unde . . .
Definitions (§ 32.1-137.1)
2016As used in this and the following article, unless the context indicates otherwise:”Agent” or “insurance agent,” when used without qualification, means an individual, partnership, limited liability company, or corporation that . . .
Definitions (§ 63.2-1900)
2016As used in this chapter, unless the context requires a different meaning:”Administrative order” or “administrative support order” means a noncourt-ordered legally enforceable support obligation having the force and effect of a . . .
Definitions (§ 51.1-124.3)
2016As used in this chapter, unless the context requires a different meaning:”Abolished system” means the Virginia Retirement Act, §§ 51-30 through 51-111, repealed by Chapter 1 of the Acts of Assembly of 1952.”Accumulated contributio . . .
Policies to provide for accounting to Board; advance premium deposit reserve (§ 51.1-514)
2016A Each policy purchased by the Board shall provide for an accounting to the Board not later than 120 days after the end of each policy year. The accounting shall include (i) the amounts of premiums actually accrued under the policy during the policy . . .
Recovery of damages for loss of use of vehicle (§ 8.01-66)
2016A Whenever any person is entitled to recover for damage to or destruction of a motor vehicle, he shall, in addition to any other damages to which he may be legally entitled, be entitled to recover the reasonable cost which was actually incurred in hi . . .
Incontestability of certain policies (§ 38.2-3107)
2016A No life insurance policy shall be contestable after it has been in force during the lifetime of the insured for two years from its date, except for nonpayment of premiums. B Provisions relating to benefits in event of disability, and provisions gr . . .
Computation of minimum standard (§ 38.2-1369)
2016Except as otherwise provided in §§ 38.2-1370, 38.2-1371, and 38.2-1378, the minimum standard for the valuation of all policies and contracts issued on or after the operative date stated in § 38.2-3214 shall be the Commissioners reserve valuation . . .
How domestic mutual insurers may acquire initial surplus (§ 38.2-1034)
2016Any domestic mutual insurer or mutual assessment property and casualty insurer may, without pledging any of its assets, provide a guaranty fund sufficient to defray the expenses of its organization and its initial minimum surplus required to obtain a . . .
Cancellation of sick benefit portion of policy (§ 38.2-3546)
2016Every policy of industrial sick benefit insurance issued in this Commonwealth after June 18, 1922, shall contain a provision that: . . .