{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-3802.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-3802.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-3802.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-3802.html"}],"law_id":56417,"edition_id":1,"section_id":56417,"structure_id":14124,"section_number":"38.2-3802","catch_line":"Continuation of existing companies","history":"1952, c. 317, \u00a7 38.1-498; 1986, c. 562.","full_text":"Any company licensed and doing business in this Commonwealth on July 1, 1952, may continue to do business in accordance with the powers contained in its certificate of incorporation, subject to the provisions of this chapter, but no such company shall be permitted to extend its powers.","order_by":null,"text":{"0":{"id":206570,"text":"Any company licensed and doing business in this Commonwealth on July 1, 1952, may continue to do business in accordance with the powers contained in its certificate of incorporation, subject to the provisions of this chapter, but no such company shall be permitted to extend its powers.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14124,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":14123,"metadata":{},"date_created":"2026-06-26 03:46:56","date_modified":"2026-06-26 03:46:56","permalink":{"id":216151,"object_type":"structure","relational_id":14124,"identifier":"1","token":"38.2\/38\/1","url":"\/38.2\/38\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14123,"edition_id":1,"name":"Cooperative Nonprofit Life Benefit Companies","identifier":"38","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:46:56","date_modified":"2026-06-26 03:46:56","permalink":{"id":216149,"object_type":"structure","relational_id":14123,"identifier":"38","token":"38.2\/38","url":"\/38.2\/38\/","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":82567,"structure_id":14124,"section_number":"38.2-3800","catch_line":"Scope of chapter","url":"\/38.2-3800\/","token":"38.2\/38\/1\/38.2-3800","metadata":false},{"id":83921,"structure_id":14124,"section_number":"38.2-3801","catch_line":"Cooperative nonprofit life benefit company defined","url":"\/38.2-3801\/","token":"38.2\/38\/1\/38.2-3801","metadata":false},{"id":56417,"structure_id":14124,"section_number":"38.2-3802","catch_line":"Continuation of existing companies","url":"\/38.2-3802\/","token":"38.2\/38\/1\/38.2-3802","metadata":false},{"id":83235,"structure_id":14124,"section_number":"38.2-3803","catch_line":"Licensing of additional companies prohibited","url":"\/38.2-3803\/","token":"38.2\/38\/1\/38.2-3803","metadata":false},{"id":76174,"structure_id":14124,"section_number":"38.2-3804","catch_line":"What laws applicable","url":"\/38.2-3804\/","token":"38.2\/38\/1\/38.2-3804","metadata":false},{"id":78730,"structure_id":14124,"section_number":"38.2-3805","catch_line":"General powers of company; limitation on increase in rates","url":"\/38.2-3805\/","token":"38.2\/38\/1\/38.2-3805","metadata":false},{"id":70610,"structure_id":14124,"section_number":"38.2-3806","catch_line":"Constitution and bylaws","url":"\/38.2-3806\/","token":"38.2\/38\/1\/38.2-3806","metadata":false},{"id":75364,"structure_id":14124,"section_number":"38.2-3807","catch_line":"Governing body; board of directors","url":"\/38.2-3807\/","token":"38.2\/38\/1\/38.2-3807","metadata":false},{"id":60669,"structure_id":14124,"section_number":"38.2-3808","catch_line":"Filing copies of constitution and bylaws","url":"\/38.2-3808\/","token":"38.2\/38\/1\/38.2-3808","metadata":false},{"id":55260,"structure_id":14124,"section_number":"38.2-3809","catch_line":"How a company may become legal reserve life insurer","url":"\/38.2-3809\/","token":"38.2\/38\/1\/38.2-3809","metadata":false},{"id":81565,"structure_id":14124,"section_number":"38.2-3810","catch_line":"Institutions maintainable; company a charitable institution","url":"\/38.2-3810\/","token":"38.2\/38\/1\/38.2-3810","metadata":false},{"id":59119,"structure_id":14124,"section_number":"38.2-3811","catch_line":"Benefits not subject to process","url":"\/38.2-3811\/","token":"38.2\/38\/1\/38.2-3811","metadata":false},{"id":76995,"structure_id":14124,"section_number":"38.2-3812","catch_line":"Tax on gross premium receipts","url":"\/38.2-3812\/","token":"38.2\/38\/1\/38.2-3812","metadata":false},{"id":79691,"structure_id":14124,"section_number":"38.2-3813","catch_line":"Suits against company","url":"\/38.2-3813\/","token":"38.2\/38\/1\/38.2-3813","metadata":false}],"previous_section":{"id":83921,"structure_id":14124,"section_number":"38.2-3801","catch_line":"Cooperative nonprofit life benefit company defined","url":"\/38.2-3801\/","token":"38.2\/38\/1\/38.2-3801","metadata":false},"next_section":{"id":83235,"structure_id":14124,"section_number":"38.2-3803","catch_line":"Licensing of additional companies prohibited","url":"\/38.2-3803\/","token":"38.2\/38\/1\/38.2-3803","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3802\/","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":216161,"object_type":"law","relational_id":56417,"identifier":"38.2-3802","token":"38.2\/38\/1\/38.2-3802","url":"\/38.2-3802\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-3802\/","token":"38.2\/38\/1\/38.2-3802","dublin_core":{"Title":"Continuation of existing companies","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3802","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">company<\/span> licensed and doing business in this Commonwealth on July 1, 1952, may continue to do business in accordance with the powers contained in its certificate of incorporation, subject to the provisions of this chapter, but no such <span class=\"dictionary\">company<\/span> shall be permitted to extend its powers.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCONTINUATION OF EXISTING COMPANIES (\u00a7 38.2-3802)\n\nAny company licensed and doing business in this Commonwealth on July 1, 1952,\nmay continue to do business in accordance with the powers contained in its\ncertificate of incorporation, subject to the provisions of this chapter, but no\nsuch company shall be permitted to extend its powers.\n\nHISTORY: 1952, c. 317, \u00a7 38.1-498; 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}}