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§ 38.2-3519 Minimum standards for excepted benefits

A. Pursuant to the authority granted in § 38.2-223, the Commission may issue rules and regulations establishing minimum standards for benefits under any of the categories of policies known as excepted benefits.

B. No excepted benefits policy shall be delivered or issued for delivery in the Commonwealth that does not meet the prescribed minimum standards established by the Commission or does not meet the requirements set forth in § 38.2-3501.

C. The Commission may prescribe the method of identification of policies based upon coverages provided.

History

This law was first created in 1980. The record of its establishment is cataloged in chapter 204 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1980 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1986, chapter 562; in 2022, chapter 531.

1980, c. 204, § 38.1-362.14; 1986, c. 562; 2022, c. 531.

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