§ 38.2-5104 Associations
A. The provisions of Chapter 16 of Title 38.2 shall not apply to a risk retention group.
B. A risk retention group shall participate in any mechanisms established pursuant to § 38.2-2015 for the equitable apportionment of liability insurance losses and expenses.
History
This law was first created in 1987. The record of its establishment is cataloged in chapter 585 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 1987 “Acts” aren’t available online.
1987, c. 585.