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Election of political subdivision to participate; approval by Board (§ 51.1-504)
2016Any political subdivision which has group life insurance with any insurance company or nonprofit association may continue the coverage, but shall not participate in this group insurance program while the other group life insurance is in effect. Upon . . .
Definitions (§ 32.1-137.7)
2016As used in this article: “Private review agent” means a person or entity performing utilization reviews, except that the term shall not include the following entities or employees of any such entity so long as they conduct utilization . . .
Nonprobate transfers on death (§ 64.2-620)
2016A A provision for a nonprobate transfer on death in an insurance policy, contract of employment, bond, mortgage, promissory note, certificated or uncertificated security, account agreement, custodial agreement, deposit agreement, compensation plan, p . . .
Bonds deemed negotiable instruments; sale of bonds by Trustees of Retirement System; bonds made legal investments (§ 22.1-161.8)
2016Bonds issued under the provisions of this chapter and purchased by the Board of Trustees of the Virginia Retirement System shall be deemed negotiable instruments under the laws of this Commonwealth. The Board of Trustees may, in its discretion, sell . . .
Financial responsibility policy form or coverage requirements (§ 38.2-5113)
2016Any risk retention group and any insurer who transacts the business of insurance in this Commonwealth with a purchasing group or its members shall not be exempt from the policy form or coverage requirements of this Commonwealth’s motor vehicle . . .
Immunity from liability (§ 38.2-229)
2016A There shall be no liability on the part of and no cause of action against any person for furnishing in good faith to the Commission information relating to the investigation of any insurance or reinsurance transaction when such information is furni . . .
§ 32.1-276.5:1. (Contingent repeal -- see Editor's note) Disclosures of contractual arrangements to be made publicly available (§ )
2016A In order to advance transparency in health care and provide patients and families with better information on which to judge value among their treatment options, the Commissioner shall negotiate and contract with a nonprofit organization authorized . . .
Amount of proceeds limited in certain cases (§ 38.2-3123)
2016In the case of policies under the terms of which the right to change the beneficiary is reserved and as to which the cash surrender or loan value of the policy is claimed by the creditors, the insurance shall not be entitled to the protection afforde . . .
(Repealed effective October 1, 2016) Authority to establish incentives for voluntary early retirement; eligibility; contents of plans (§ 23-9.2:3.1)
2016A The board of visitors or other governing body of any public institution of higher education may establish a compensation plan designed to provide incentives for voluntary early retirement of teaching and research staff employed in nonclassified, fa . . .
Requirements of preneed funeral contracts (§ 54.1-2820)
2016A It shall be unlawful for any person residing or doing business within this Commonwealth, to make, either directly or indirectly by any means, a preneed funeral contract unless the contract: B Subject to the requirements of § 54.1-2822, a preneed . . .