{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-2508.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-2508.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-2508.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-2508.html"}],"law_id":71639,"edition_id":1,"section_id":71639,"structure_id":16213,"section_number":"38.2-2508","catch_line":"Incorporation of insurers","history":"Code 1950, \u00a7 38-523; 1952, c. 317, \u00a7 38.1-666; 1956, c. 431; 1986, c. 562.","full_text":"Mutual assessment property and casualty insurers formed after July 1, 1986, shall be incorporated under the provisions of Article 3 (\u00a7 13.1-818 et seq.) of Chapter 10 of Title 13.1, as modified by the provisions of this title. Except as otherwise provided in this title, mutual assessment property and casualty insurers shall be subject to all the general restrictions and have all the general powers imposed and conferred upon those corporations by law. Mutual assessment property and casualty insurers formed prior to July 1, 1986, may continue to operate as organized.","order_by":null,"text":{"0":{"id":258163,"text":"Mutual assessment property and casualty insurers formed after July 1, 1986, shall be incorporated under the provisions of Article 3 (\u00a7 13.1-818 et seq.) of Chapter 10 of Title 13.1, as modified by the provisions of this title. Except as otherwise provided in this title, mutual assessment property and casualty insurers shall be subject to all the general restrictions and have all the general powers imposed and conferred upon those corporations by law. Mutual assessment property and casualty insurers formed prior to July 1, 1986, may continue to operate as organized.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16213,"edition_id":1,"name":"Organization and Licensing of Insurers","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":13766,"metadata":{},"date_created":"2026-06-26 04:09:23","date_modified":"2026-06-26 04:09:23","permalink":{"id":213847,"object_type":"structure","relational_id":16213,"identifier":"2","token":"38.2\/25\/2","url":"\/38.2\/25\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13766,"edition_id":1,"name":"Mutual Assessment Property and Casualty Insurers","identifier":"25","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:45:49","date_modified":"2026-06-26 03:45:49","permalink":{"id":213811,"object_type":"structure","relational_id":13766,"identifier":"25","token":"38.2\/25","url":"\/38.2\/25\/","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":71639,"structure_id":16213,"section_number":"38.2-2508","catch_line":"Incorporation of insurers","url":"\/38.2-2508\/","token":"38.2\/25\/2\/38.2-2508","metadata":false},{"id":81868,"structure_id":16213,"section_number":"38.2-2509","catch_line":"Directors; terms; annual meetings; voting; executive committee","url":"\/38.2-2509\/","token":"38.2\/25\/2\/38.2-2509","metadata":false},{"id":64940,"structure_id":16213,"section_number":"38.2-2510","catch_line":"Officers","url":"\/38.2-2510\/","token":"38.2\/25\/2\/38.2-2510","metadata":false},{"id":84201,"structure_id":16213,"section_number":"38.2-2511","catch_line":"How license obtained","url":"\/38.2-2511\/","token":"38.2\/25\/2\/38.2-2511","metadata":false}],"next_section":{"id":81868,"structure_id":16213,"section_number":"38.2-2509","catch_line":"Directors; terms; annual meetings; voting; executive committee","url":"\/38.2-2509\/","token":"38.2\/25\/2\/38.2-2509","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2508\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 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 1986, chapter 562.<\/p>","references":false,"refers_to":[{"id":85649,"section_number":"13.1-818","catch_line":"Incorporators","order_by":null,"url":"\/13.1-818\/"}],"permalink":{"id":213849,"object_type":"law","relational_id":71639,"identifier":"38.2-2508","token":"38.2\/25\/2\/38.2-2508","url":"\/38.2-2508\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-2508\/","token":"38.2\/25\/2\/38.2-2508","dublin_core":{"Title":"Incorporation of insurers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2508","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p><span class=\"dictionary\">Mutual assessment property and casualty insurers<\/span> formed after July 1, 1986, shall be incorporated under the provisions 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, as modified by the provisions of this title. Except as otherwise provided in this title, <span class=\"dictionary\">mutual assessment property and casualty insurers<\/span> shall be subject to all the general restrictions and have all the general powers imposed and conferred upon those corporations by <span class=\"dictionary\">law<\/span>. <span class=\"dictionary\">Mutual assessment property and casualty insurers<\/span> formed prior to July 1, 1986, may continue to operate as organized.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nINCORPORATION OF INSURERS (\u00a7 38.2-2508)\n\nMutual assessment property and casualty insurers formed after July 1, 1986,\nshall be incorporated under the provisions of Article 3 (\u00a7 13.1-818 et seq.) of\nChapter 10 of Title 13.1, as modified by the provisions of this title. Except as\notherwise provided in this title, mutual assessment property and casualty\ninsurers shall be subject to all the general restrictions and have all the\ngeneral powers imposed and conferred upon those corporations by law. Mutual\nassessment property and casualty insurers formed prior to July 1, 1986, may\ncontinue to operate as organized.\n\nHISTORY: Code 1950, \u00a7 38-523; 1952, c. 317, \u00a7 38.1-666; 1956, c. 431; 1986, c.\n562.","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}}