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Statutes > Virginia Statutes > Title 38.2 - INSURANCE. > Chapter 38 - Cooperative Nonprofit Life Benefit Companies (38.2-3800 thru 38.2-3818)

Chapter 38 - Cooperative Nonprofit Life Benefit Companies (38.2-3800 thru 38.2-3818)

  • 38.2-3800 - Scope of chapter.
  • 38.2-3801 - Cooperative nonprofit life benefit company defined.
  • 38.2-3802 - Continuation of existing companies.
  • 38.2-3803 - Licensing of additional companies prohibited.
  • 38.2-3804 - What laws applicable.
  • 38.2-3805 - General powers of company; limitation on increase in rates.
  • 38.2-3806 - Constitution and bylaws.
  • 38.2-3807 - Governing body; board of directors.
  • 38.2-3808 - Filing copies of constitution and bylaws.
  • 38.2-3809 - How a company may become legal reserve life insurer.
  • 38.2-3810 - Institutions maintainable; company a charitable institution.
  • 38.2-3811 - Benefits not subject to process.
  • 38.2-3812 - Tax on gross premium receipts.
  • 38.2-3813 - Suits against company.
  • 38.2-3814 - Contracts in writing; fees.
  • 38.2-3815 - What benefits policies may provide.
  • 38.2-3816 - Policies companies may issue; reserves required; provisions concerning increase of rates and extra assessments.
  • 38.2-3817 - Paid-up insurance or extended term insurance.
  • 38.2-3818 - Officers and members not individually liable for payment.




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