Chapter 16. Virginia Property and Casualty Insurance Guaranty AssociationRead Chapter
- Article 1. Establishment and Operation of the AssociationRead all
- § 38.2-1600
- Purpose
- § 38.2-1601
- Application
- § 38.2-1602
- Liberal construction
- § 38.2-1603
- Definitions
- § 38.2-1604
- Association created; members; divided into three accounts
- § 38.2-1605
- Board of directors
- § 38.2-1606
- Duties and powers of Association
- § 38.2-1607
- Plan of operation
- § 38.2-1608
- Duties and powers of Commission; judicial review
- § 38.2-1609
- Insured's rights and liabilities; settlements binding on receiver or liquidator; priority of claims; statements to be filed with receiver or liquidator
- § 38.2-1610
- Exhaustion of remedies under policy; claims recoverable from more than one association
- § 38.2-1611
- Aids in detection and prevention of insurer insolvencies
- § 38.2-1611.1
- Tax write-offs of certificates of contribution
- § 38.2-1612
- Examination and regulation of Association by Commission; annual financial report
- § 38.2-1613
- Exemption from payment of fees and taxes
- § 38.2-1614
- Repealed
- § 38.2-1615
- No liability for action taken in good faith
- § 38.2-1616
- Stay of proceedings against insolvent insurer; setting aside judgment, etc.; access to records
- § 38.2-1617
- Termination of operation of Association; expiration of chapter
- Article 2. Additional Funds Paid to AssociationRead all
- § 38.2-1618
- Purpose and applicability of article
- § 38.2-1619
- Safety fund
- § 38.2-1620
- Financing the safety fund, maximum amount, distribution of excess
- § 38.2-1621
- Investment of safety fund
- § 38.2-1622
- Use of safety fund, repayment, etc.
- § 38.2-1623
- Association as a fiduciary