{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-2401.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-2401.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-2401.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-2401.html"}],"law_id":87461,"edition_id":1,"section_id":87461,"structure_id":13027,"section_number":"38.2-2401","catch_line":"Fidelity and surety insurer defined","history":"1952, c. 317, \u00a7 38.1-640; 1986, c. 562.","full_text":"The term &#8220;fidelity and surety insurer&#8221; means any company licensed to transact fidelity or surety insurance in this Commonwealth, and includes any company elsewhere designated or referred to in this Code as a guaranty, indemnity, fidelity, surety or security company.","order_by":null,"text":{"0":{"id":313089,"text":"The term &#8220;fidelity and surety insurer&#8221; means any company licensed to transact fidelity or surety insurance in this Commonwealth, and includes any company elsewhere designated or referred to in this Code as a guaranty, indemnity, fidelity, surety or security company.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13027,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":13026,"metadata":{},"date_created":"2026-06-26 03:44:09","date_modified":"2026-06-26 03:44:09","permalink":{"id":213719,"object_type":"structure","relational_id":13027,"identifier":"1","token":"38.2\/24\/1","url":"\/38.2\/24\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13026,"edition_id":1,"name":"Fidelity and Surety Insurance","identifier":"24","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:09","date_modified":"2026-06-26 03:44:09","permalink":{"id":213717,"object_type":"structure","relational_id":13026,"identifier":"24","token":"38.2\/24","url":"\/38.2\/24\/","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":60009,"structure_id":13027,"section_number":"38.2-2400","catch_line":"Class of insurance to which chapter applies","url":"\/38.2-2400\/","token":"38.2\/24\/1\/38.2-2400","metadata":false},{"id":87461,"structure_id":13027,"section_number":"38.2-2401","catch_line":"Fidelity and surety insurer defined","url":"\/38.2-2401\/","token":"38.2\/24\/1\/38.2-2401","metadata":false},{"id":83565,"structure_id":13027,"section_number":"38.2-2402","catch_line":"Fidelity and surety insurer not to transact insurance without appropriate license","url":"\/38.2-2402\/","token":"38.2\/24\/1\/38.2-2402","metadata":false},{"id":83888,"structure_id":13027,"section_number":"38.2-2403","catch_line":"Limitation of liability on risks","url":"\/38.2-2403\/","token":"38.2\/24\/1\/38.2-2403","metadata":false},{"id":54093,"structure_id":13027,"section_number":"38.2-2404","catch_line":"Limit when penalty of bond exceeds actual exposure to risk","url":"\/38.2-2404\/","token":"38.2\/24\/1\/38.2-2404","metadata":false},{"id":67467,"structure_id":13027,"section_number":"38.2-2405","catch_line":"When insurer accepted as surety","url":"\/38.2-2405\/","token":"38.2\/24\/1\/38.2-2405","metadata":false},{"id":78486,"structure_id":13027,"section_number":"38.2-2406","catch_line":"Requirements deemed met by insurer","url":"\/38.2-2406\/","token":"38.2\/24\/1\/38.2-2406","metadata":false},{"id":86573,"structure_id":13027,"section_number":"38.2-2407","catch_line":"Repealed","url":"\/38.2-2407\/","token":"38.2\/24\/1\/38.2-2407","metadata":false},{"id":66278,"structure_id":13027,"section_number":"38.2-2409","catch_line":"Agreement for joint control of money and assets","url":"\/38.2-2409\/","token":"38.2\/24\/1\/38.2-2409","metadata":false},{"id":55291,"structure_id":13027,"section_number":"38.2-2410","catch_line":"Expense of securing bond to be allowed in settlements; exceptions","url":"\/38.2-2410\/","token":"38.2\/24\/1\/38.2-2410","metadata":false},{"id":60275,"structure_id":13027,"section_number":"38.2-2411","catch_line":"Repealed","url":"\/38.2-2411\/","token":"38.2\/24\/1\/38.2-2411","metadata":false},{"id":71589,"structure_id":13027,"section_number":"38.2-2412","catch_line":"Notice to clerks of revocation of licenses","url":"\/38.2-2412\/","token":"38.2\/24\/1\/38.2-2412","metadata":false},{"id":79081,"structure_id":13027,"section_number":"38.2-2412.1","catch_line":"Notice to Department of Criminal Justice Services of revocation of property and casualty insurance license","url":"\/38.2-2412.1\/","token":"38.2\/24\/1\/38.2-2412.1","metadata":false},{"id":56004,"structure_id":13027,"section_number":"38.2-2412.2","catch_line":"Surety bail bondsman; notice to Department of Criminal Justice Services of violations","url":"\/38.2-2412.2\/","token":"38.2\/24\/1\/38.2-2412.2","metadata":false},{"id":66100,"structure_id":13027,"section_number":"38.2-2413","catch_line":"Release of insurers from liability; rights and remedies","url":"\/38.2-2413\/","token":"38.2\/24\/1\/38.2-2413","metadata":false},{"id":61600,"structure_id":13027,"section_number":"38.2-2414","catch_line":"Insurer estopped to deny power to assume liability","url":"\/38.2-2414\/","token":"38.2\/24\/1\/38.2-2414","metadata":false},{"id":78586,"structure_id":13027,"section_number":"38.2-2415","catch_line":"Where civil proceedings may be instituted","url":"\/38.2-2415\/","token":"38.2\/24\/1\/38.2-2415","metadata":false}],"previous_section":{"id":60009,"structure_id":13027,"section_number":"38.2-2400","catch_line":"Class of insurance to which chapter applies","url":"\/38.2-2400\/","token":"38.2\/24\/1\/38.2-2400","metadata":false},"next_section":{"id":83565,"structure_id":13027,"section_number":"38.2-2402","catch_line":"Fidelity and surety insurer not to transact insurance without appropriate license","url":"\/38.2-2402\/","token":"38.2\/24\/1\/38.2-2402","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2401\/","history_text":"<p>This law was first created in 1952. The record of its establishment is cataloged in chapter 317 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1952 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. 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. That modification is as follows: in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":213725,"object_type":"law","relational_id":87461,"identifier":"38.2-2401","token":"38.2\/24\/1\/38.2-2401","url":"\/38.2-2401\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-2401\/","token":"38.2\/24\/1\/38.2-2401","dublin_core":{"Title":"Fidelity and surety insurer defined","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2401","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The term &#8220;fidelity and <span class=\"dictionary\">surety<\/span> <span class=\"dictionary\">insurer<\/span>&#8221; means any <span class=\"dictionary\">company<\/span> licensed to transact fidelity or <span class=\"dictionary\">surety<\/span> <span class=\"dictionary\">insurance<\/span> in this Commonwealth, and includes any <span class=\"dictionary\">company<\/span> elsewhere designated or referred to in this Code as a guaranty, indemnity, fidelity, <span class=\"dictionary\">surety<\/span> or security <span class=\"dictionary\">company<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nFIDELITY AND SURETY INSURER DEFINED (\u00a7 38.2-2401)\n\nThe term &#8220;fidelity and surety insurer&#8221; means any company licensed to\ntransact fidelity or surety insurance in this Commonwealth, and includes any\ncompany elsewhere designated or referred to in this Code as a guaranty,\nindemnity, fidelity, surety or security company.\n\nHISTORY: 1952, c. 317, \u00a7 38.1-640; 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}}