{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-1002.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-1002.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-1002.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-1002.html"}],"law_id":69780,"edition_id":1,"section_id":69780,"structure_id":15310,"section_number":"38.2-1002","catch_line":"Additional requirements of articles of incorporation; name","history":"Code 1950, \u00a7\u00a7 38-28, 38-497, 38-498, 38-499; 1952, c. 317, \u00a7 38.1-75; 1956, c. 431; 1958, c. 596; 1986, c. 562.","full_text":"The articles of incorporation for a domestic mutual insurer shall be signed by at least twenty natural persons, a majority of whom are legal residents of this Commonwealth. The articles shall, in addition to complying with the requirements of Article 3 (\u00a7 13.1-818 et seq.) of Chapter 10 of Title 13.1, set forth the classes of insurance the insurer proposes to write.","order_by":null,"text":{"0":{"id":252189,"text":"The articles of incorporation for a domestic mutual insurer shall be signed by at least twenty natural persons, a majority of whom are legal residents of this Commonwealth. The articles shall, in addition to complying with the requirements of Article 3 (\u00a7 13.1-818 et seq.) of Chapter 10 of Title 13.1, set forth the classes of insurance the insurer proposes to write.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15310,"edition_id":1,"name":"Organization of Domestic Insurers","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":12858,"metadata":{},"date_created":"2026-06-26 03:53:50","date_modified":"2026-06-26 03:53:50","permalink":{"id":210853,"object_type":"structure","relational_id":15310,"identifier":"1","token":"38.2\/10\/1","url":"\/38.2\/10\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12858,"edition_id":1,"name":"Organization, Admission and Licensing of Insurers","identifier":"10","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:43:57","date_modified":"2026-06-26 03:43:57","permalink":{"id":210851,"object_type":"structure","relational_id":12858,"identifier":"10","token":"38.2\/10","url":"\/38.2\/10\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58285,"structure_id":15310,"section_number":"38.2-1000","catch_line":"Incorporation of domestic stock insurers","url":"\/38.2-1000\/","token":"38.2\/10\/1\/38.2-1000","metadata":false},{"id":84575,"structure_id":15310,"section_number":"38.2-1001","catch_line":"Incorporation of domestic mutual insurers","url":"\/38.2-1001\/","token":"38.2\/10\/1\/38.2-1001","metadata":false},{"id":69780,"structure_id":15310,"section_number":"38.2-1002","catch_line":"Additional requirements of articles of incorporation; name","url":"\/38.2-1002\/","token":"38.2\/10\/1\/38.2-1002","metadata":false},{"id":82745,"structure_id":15310,"section_number":"38.2-1003","catch_line":"When corporate status attained; bylaws filed with Commission","url":"\/38.2-1003\/","token":"38.2\/10\/1\/38.2-1003","metadata":false},{"id":77980,"structure_id":15310,"section_number":"38.2-1004","catch_line":"Voting","url":"\/38.2-1004\/","token":"38.2\/10\/1\/38.2-1004","metadata":false},{"id":71096,"structure_id":15310,"section_number":"38.2-1005","catch_line":"Certain mutual companies and societies not to become stock companies without approval of Commission","url":"\/38.2-1005\/","token":"38.2\/10\/1\/38.2-1005","metadata":false},{"id":81081,"structure_id":15310,"section_number":"38.2-1005.1","catch_line":"Conversion of a domestic mutual insurer to a domestic stock insurer","url":"\/38.2-1005.1\/","token":"38.2\/10\/1\/38.2-1005.1","metadata":false}],"previous_section":{"id":84575,"structure_id":15310,"section_number":"38.2-1001","catch_line":"Incorporation of domestic mutual insurers","url":"\/38.2-1001\/","token":"38.2\/10\/1\/38.2-1001","metadata":false},"next_section":{"id":82745,"structure_id":15310,"section_number":"38.2-1003","catch_line":"When corporate status attained; bylaws filed with Commission","url":"\/38.2-1003\/","token":"38.2\/10\/1\/38.2-1003","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1002\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1956, chapter 431; in 1958, chapter 596; in 1986, chapter 562.<\/p>","references":[{"id":86012,"section_number":"38.2-4229.1","catch_line":"Conversion to domestic mutual insurer","order_by":null,"url":"\/38.2-4229.1\/"}],"refers_to":[{"id":85649,"section_number":"13.1-818","catch_line":"Incorporators","order_by":null,"url":"\/13.1-818\/"}],"permalink":{"id":210863,"object_type":"law","relational_id":69780,"identifier":"38.2-1002","token":"38.2\/10\/1\/38.2-1002","url":"\/38.2-1002\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-1002\/","token":"38.2\/10\/1\/38.2-1002","dublin_core":{"Title":"Additional requirements of articles of incorporation; name","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1002","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The articles of incorporation for a domestic mutual <span class=\"dictionary\">insurer<\/span> shall be signed by at least twenty natural <span class=\"dictionary\">persons<\/span>, a majority of whom are legal residents of this Commonwealth. The articles shall, in addition to complying with the requirements of Article 3 (\u00a7&nbsp;<a class=\"law\" title=\"Incorporators\" href=\"\/13.1-818\/\">13.1-818<\/a> et seq.) of Chapter 10 of Title 13.1, set forth the classes of <span class=\"dictionary\">insurance<\/span> the <span class=\"dictionary\">insurer<\/span> proposes to write.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nADDITIONAL REQUIREMENTS OF ARTICLES OF INCORPORATION; NAME (\u00a7 38.2-1002)\n\nThe articles of incorporation for a domestic mutual insurer shall be signed by\nat least twenty natural persons, a majority of whom are legal residents of this\nCommonwealth. The articles shall, in addition to complying with the requirements\nof Article 3 (\u00a7 13.1-818 et seq.) of Chapter 10 of Title 13.1, set forth the\nclasses of insurance the insurer proposes to write.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-28, 38-497, 38-498, 38-499; 1952, c. 317, \u00a7\n38.1-75; 1956, c. 431; 1958, c. 596; 1986, c. 562.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}