{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-215.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-215.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-215.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-215.html"}],"law_id":64172,"edition_id":1,"section_id":64172,"structure_id":14221,"section_number":"38.2-215","catch_line":"Liability of president, chief executive officer or directors if insurance issued when insurer insolvent","history":"Code 1950, \u00a7 38-176; 1952, c. 317, \u00a7 38.1-37; 1986, c. 562.","full_text":"If any insurer is insolvent, and the president, chief executive officer or directors with knowledge of insolvency make or agree to further insurance, they shall be personally liable for any loss under that insurance.","order_by":null,"text":{"0":{"id":233620,"text":"If any insurer is insolvent, and the president, chief executive officer or directors with knowledge of insolvency make or agree to further insurance, they shall be personally liable for any loss under that insurance.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14221,"edition_id":1,"name":"Provisions of a General Nature","identifier":"2","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:47:20","date_modified":"2026-06-26 03:47:20","permalink":{"id":213095,"object_type":"structure","relational_id":14221,"identifier":"2","token":"38.2\/2","url":"\/38.2\/2\/","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 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information","url":"\/38.2-234\/","token":"38.2\/2\/38.2-234","metadata":false},{"id":69385,"structure_id":14221,"section_number":"38.2-235","catch_line":"Liability insurance; carbon monoxide exclusions","url":"\/38.2-235\/","token":"38.2\/2\/38.2-235","metadata":false},{"id":80448,"structure_id":14221,"section_number":"38.2-236","catch_line":"Notice of settlement payment","url":"\/38.2-236\/","token":"38.2\/2\/38.2-236","metadata":false},{"id":83795,"structure_id":14221,"section_number":"38.2-237","catch_line":"Provider complaints","url":"\/38.2-237\/","token":"38.2\/2\/38.2-237","metadata":false}],"previous_section":{"id":74840,"structure_id":14221,"section_number":"38.2-214","catch_line":"Restrictions upon purchase and sale of equity securities of domestic stock insurers","url":"\/38.2-214\/","token":"38.2\/2\/38.2-214","metadata":false},"next_section":{"id":66704,"structure_id":14221,"section_number":"38.2-216","catch_line":"Restrictions on removal or transfer of property and on reinsurance; penalty","url":"\/38.2-216\/","token":"38.2\/2\/38.2-216","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-215\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 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 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":213157,"object_type":"law","relational_id":64172,"identifier":"38.2-215","token":"38.2\/2\/38.2-215","url":"\/38.2-215\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-215\/","token":"38.2\/2\/38.2-215","dublin_core":{"Title":"Liability of president, chief executive officer or directors if insurance issued when insurer insolvent","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-215","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>If any <span class=\"dictionary\">insurer<\/span> is insolvent, and the president, chief executive officer or directors with knowledge of insolvency make or agree to further <span class=\"dictionary\">insurance<\/span>, they shall be personally liable for any loss under that <span class=\"dictionary\">insurance<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nLIABILITY OF PRESIDENT, CHIEF EXECUTIVE OFFICER OR DIRECTORS IF INSURANCE ISSUED\nWHEN INSURER INSOLVENT (\u00a7 38.2-215)\n\nIf any insurer is insolvent, and the president, chief executive officer or\ndirectors with knowledge of insolvency make or agree to further insurance, they\nshall be personally liable for any loss under that insurance.\n\nHISTORY: Code 1950, \u00a7 38-176; 1952, c. 317, \u00a7 38.1-37; 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}}