{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-4130.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-4130.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-4130.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-4130.html"}],"law_id":68139,"edition_id":1,"section_id":68139,"structure_id":13776,"section_number":"38.2-4130","catch_line":"Injunction; liquidation; receivership of domestic society","history":"Code 1950, \u00a7\u00a7 38-261, 38-275, 38-319, 38.1-592, 38.1-628; 1952, c. 317, \u00a7\u00a7 38.1-638.24, 38.1-638.49; 1968, c. 654; 1986, c. 562.","full_text":"No domestic society shall:\n\n1\n\nExceed its powers;2\n\nFail to comply with any provisions of this chapter;3\n\nFail to fulfill its contracts in good faith;4\n\nHave a membership of less than 400 after an existence of 1 year or more; or5\n\nConduct business fraudulently or in a manner hazardous to its members, creditors, the public or the business.\n\t\t\tIf the Commission, upon investigation, finds such deficiencies, it shall issue a written notice to the society citing the deficiencies, stating the reasons for dissatisfaction, and requiring that the deficiencies be corrected within the period it designates. The period shall be at least thirty days but not more than six months from the service of the notice. If the Commission believes the interest of the certificate holders of the society will be best served by extending the period of time beyond six months, it may do so for the period of time it considers best. If the society does not correct the deficiency to the satisfaction of the Commission, the Commission may institute delinquency proceedings against the society in the manner set out in Chapter 15 (§ 38.2-1500 et seq.) of this title. If the Commission institutes a delinquency proceeding, all the provisions of Chapter 15 of this title with respect to the rehabilitation, liquidation, conservation and reorganization of insurers generally shall be applicable to the society.","order_by":null,"text":{"0":{"id":246653,"text":"No domestic society shall:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":246654,"text":"Exceed its powers;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":246655,"text":"Fail to comply with any provisions of this chapter;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":246656,"text":"Fail to fulfill its contracts in good faith;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":246657,"text":"Have a membership of less than 400 after an existence of 1 year or more; or","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":246658,"text":"Conduct business fraudulently or in a manner hazardous to its members, creditors, the public or the business.\n\t\t\tIf the Commission, upon investigation, finds such deficiencies, it shall issue a written notice to the society citing the deficiencies, stating the reasons for dissatisfaction, and requiring that the deficiencies be corrected within the period it designates. The period shall be at least thirty days but not more than six months from the service of the notice. If the Commission believes the interest of the certificate holders of the society will be best served by extending the period of time beyond six months, it may do so for the period of time it considers best. If the society does not correct the deficiency to the satisfaction of the Commission, the Commission may institute delinquency proceedings against the society in the manner set out in Chapter 15 (§ 38.2-1500 et seq.) of this title. If the Commission institutes a delinquency proceeding, all the provisions of Chapter 15 of this title with respect to the rehabilitation, liquidation, conservation and reorganization of insurers generally shall be applicable to the society.","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4"}},"ancestry":[{"id":13776,"edition_id":1,"name":"Regulation","identifier":"6","label":"article","depth":3,"order_by":1,"parent_id":13775,"metadata":{},"date_created":"2026-06-26 03:45:51","date_modified":"2026-06-26 03:45:51","permalink":{"id":216595,"object_type":"structure","relational_id":13776,"identifier":"6","token":"38.2\/41\/6","url":"\/38.2\/41\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13775,"edition_id":1,"name":"Fraternal Benefit Societies","identifier":"41","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:45:51","date_modified":"2026-06-26 03:45:51","permalink":{"id":216491,"object_type":"structure","relational_id":13775,"identifier":"41","token":"38.2\/41","url":"\/38.2\/41\/","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":65309,"structure_id":13776,"section_number":"38.2-4123","catch_line":"Exemptions","url":"\/38.2-4123\/","token":"38.2\/41\/6\/38.2-4123","metadata":false},{"id":59062,"structure_id":13776,"section_number":"38.2-4124","catch_line":"Taxation","url":"\/38.2-4124\/","token":"38.2\/41\/6\/38.2-4124","metadata":false},{"id":65445,"structure_id":13776,"section_number":"38.2-4125","catch_line":"Valuations","url":"\/38.2-4125\/","token":"38.2\/41\/6\/38.2-4125","metadata":false},{"id":54786,"structure_id":13776,"section_number":"38.2-4126","catch_line":"Reports to be filed","url":"\/38.2-4126\/","token":"38.2\/41\/6\/38.2-4126","metadata":false},{"id":85566,"structure_id":13776,"section_number":"38.2-4127","catch_line":"Annual license","url":"\/38.2-4127\/","token":"38.2\/41\/6\/38.2-4127","metadata":false},{"id":68059,"structure_id":13776,"section_number":"38.2-4128","catch_line":"Examination of societies; no adverse publications","url":"\/38.2-4128\/","token":"38.2\/41\/6\/38.2-4128","metadata":false},{"id":83277,"structure_id":13776,"section_number":"38.2-4129","catch_line":"Admission; foreign or alien society","url":"\/38.2-4129\/","token":"38.2\/41\/6\/38.2-4129","metadata":false},{"id":68139,"structure_id":13776,"section_number":"38.2-4130","catch_line":"Injunction; liquidation; receivership of domestic society","url":"\/38.2-4130\/","token":"38.2\/41\/6\/38.2-4130","metadata":false},{"id":72578,"structure_id":13776,"section_number":"38.2-4131","catch_line":"Suspension, revocation or refusal of license of foreign or alien society","url":"\/38.2-4131\/","token":"38.2\/41\/6\/38.2-4131","metadata":false},{"id":55877,"structure_id":13776,"section_number":"38.2-4132","catch_line":"Licensing of agents","url":"\/38.2-4132\/","token":"38.2\/41\/6\/38.2-4132","metadata":false},{"id":59395,"structure_id":13776,"section_number":"38.2-4133","catch_line":"Unfair methods of competition and unfair and deceptive acts and practices","url":"\/38.2-4133\/","token":"38.2\/41\/6\/38.2-4133","metadata":false},{"id":65176,"structure_id":13776,"section_number":"38.2-4134","catch_line":"Penalties","url":"\/38.2-4134\/","token":"38.2\/41\/6\/38.2-4134","metadata":false},{"id":62524,"structure_id":13776,"section_number":"38.2-4135","catch_line":"Exemption of certain societies","url":"\/38.2-4135\/","token":"38.2\/41\/6\/38.2-4135","metadata":false},{"id":66864,"structure_id":13776,"section_number":"38.2-4136","catch_line":"Societies previously existing; reincorporation; amendments","url":"\/38.2-4136\/","token":"38.2\/41\/6\/38.2-4136","metadata":false},{"id":73856,"structure_id":13776,"section_number":"38.2-4137","catch_line":"Exemption of member representatives of certain societies","url":"\/38.2-4137\/","token":"38.2\/41\/6\/38.2-4137","metadata":false}],"previous_section":{"id":83277,"structure_id":13776,"section_number":"38.2-4129","catch_line":"Admission; foreign or alien society","url":"\/38.2-4129\/","token":"38.2\/41\/6\/38.2-4129","metadata":false},"next_section":{"id":72578,"structure_id":13776,"section_number":"38.2-4131","catch_line":"Suspension, revocation or refusal of license of foreign or alien society","url":"\/38.2-4131\/","token":"38.2\/41\/6\/38.2-4131","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-4130\/","history_text":"

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 1968, chapter 654; in 1986, chapter 562.<\/p>","references":false,"refers_to":[{"id":66658,"section_number":"38.2-1500","catch_line":"Scope of chapter","order_by":null,"url":"\/38.2-1500\/"}],"permalink":{"id":216625,"object_type":"law","relational_id":68139,"identifier":"38.2-4130","token":"38.2\/41\/6\/38.2-4130","url":"\/38.2-4130\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-4130\/","token":"38.2\/41\/6\/38.2-4130","dublin_core":{"Title":"Injunction; liquidation; receivership of domestic society","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-4130","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

No domestic society<\/span> shall:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Exceed its powers; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Fail to comply with any provisions of this chapter; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Fail to fulfill its contracts<\/span> in good faith; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Have a membership of less than 400 after an existence of 1 year or more; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Conduct business fraudulently or in a manner hazardous to its members, creditors<\/span>, the public or the business.\n\t\t\tIf the Commission<\/span>, upon investigation, finds such deficiencies, it shall issue<\/span> a written notice to the society<\/span> citing the deficiencies, stating the reasons for dissatisfaction, and requiring that the deficiencies be corrected within the period it designates. The period shall be at least thirty days but not more than six months from the service of the notice. If the Commission<\/span> believes the interest of the certificate<\/span> holders of the society<\/span> will be best served by extending the period of time beyond six months, it may do so for the period of time it considers best. If the society<\/span> does not correct the deficiency to the satisfaction of the Commission<\/span>, the Commission<\/span> may institute delinquency proceedings against the society<\/span> in the manner set out in Chapter 15 (§ 38.2-1500<\/a> et seq.) of this title. If the Commission<\/span> institutes a delinquency proceeding, all the provisions of Chapter 15 of this title with respect to the rehabilitation, liquidation<\/span>, conservation and reorganization of insurers<\/span> generally shall be applicable to the society<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nINJUNCTION; LIQUIDATION; RECEIVERSHIP OF DOMESTIC SOCIETY (\u00a7 38.2-4130)\n\nNo domestic society shall:\n\n1. Exceed its powers;\n\n2. Fail to comply with any provisions of this chapter;\n\n3. Fail to fulfill its contracts in good faith;\n\n4. Have a membership of less than 400 after an existence of 1 year or more; or\n\n5. Conduct business fraudulently or in a manner hazardous to its members,\ncreditors, the public or the business.\n\t\t\tIf the Commission, upon investigation, finds such deficiencies, it shall\nissue a written notice to the society citing the deficiencies, stating the\nreasons for dissatisfaction, and requiring that the deficiencies be corrected\nwithin the period it designates. The period shall be at least thirty days but\nnot more than six months from the service of the notice. If the Commission\nbelieves the interest of the certificate holders of the society will be best\nserved by extending the period of time beyond six months, it may do so for the\nperiod of time it considers best. If the society does not correct the deficiency\nto the satisfaction of the Commission, the Commission may institute delinquency\nproceedings against the society in the manner set out in Chapter 15 (§\n38.2-1500 et seq.) of this title. If the Commission institutes a delinquency\nproceeding, all the provisions of Chapter 15 of this title with respect to the\nrehabilitation, liquidation, conservation and reorganization of insurers\ngenerally shall be applicable to the society.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-261, 38-275, 38-319, 38.1-592, 38.1-628; 1952, c.\n317, \u00a7\u00a7 38.1-638.24, 38.1-638.49; 1968, c. 654; 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}}