{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-5111.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-5111.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-5111.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-5111.html"}],"law_id":84645,"edition_id":1,"section_id":84645,"structure_id":13375,"section_number":"38.2-5111","catch_line":"Penalties","history":"1987, c. 585.","full_text":"A risk retention group which violates any provision of this chapter will be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license or the right to do business in this Commonwealth.","order_by":null,"text":{"0":{"id":303405,"text":"A risk retention group which violates any provision of this chapter will be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license or the right to do business in this Commonwealth.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13375,"edition_id":1,"name":"Risk Retention Groups and Purchasing Groups","identifier":"51","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:44","date_modified":"2026-06-26 03:44:44","permalink":{"id":217707,"object_type":"structure","relational_id":13375,"identifier":"51","token":"38.2\/51","url":"\/38.2\/51\/","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":72747,"structure_id":13375,"section_number":"38.2-5100","catch_line":"Purpose","url":"\/38.2-5100\/","token":"38.2\/51\/38.2-5100","metadata":false},{"id":54348,"structure_id":13375,"section_number":"38.2-5101","catch_line":"Definitions","url":"\/38.2-5101\/","token":"38.2\/51\/38.2-5101","metadata":false},{"id":80474,"structure_id":13375,"section_number":"38.2-5102","catch_line":"Risk retention groups chartered in this Commonwealth","url":"\/38.2-5102\/","token":"38.2\/51\/38.2-5102","metadata":false},{"id":87356,"structure_id":13375,"section_number":"38.2-5103","catch_line":"Risk retention groups not chartered in this Commonwealth","url":"\/38.2-5103\/","token":"38.2\/51\/38.2-5103","metadata":false},{"id":55046,"structure_id":13375,"section_number":"38.2-5104","catch_line":"Associations","url":"\/38.2-5104\/","token":"38.2\/51\/38.2-5104","metadata":false},{"id":75270,"structure_id":13375,"section_number":"38.2-5105","catch_line":"Repealed","url":"\/38.2-5105\/","token":"38.2\/51\/38.2-5105","metadata":false},{"id":55239,"structure_id":13375,"section_number":"38.2-5106","catch_line":"Purchasing groups; exemption from certain laws relating to the group purchase of insurance","url":"\/38.2-5106\/","token":"38.2\/51\/38.2-5106","metadata":false},{"id":66043,"structure_id":13375,"section_number":"38.2-5107","catch_line":"Insurers; exemptions from certain laws relating to the group purchase of insurance","url":"\/38.2-5107\/","token":"38.2\/51\/38.2-5107","metadata":false},{"id":71850,"structure_id":13375,"section_number":"38.2-5108","catch_line":"Notice and registration requirements of purchasing groups","url":"\/38.2-5108\/","token":"38.2\/51\/38.2-5108","metadata":false},{"id":85715,"structure_id":13375,"section_number":"38.2-5109","catch_line":"Restrictions on insurance purchased by purchasing groups","url":"\/38.2-5109\/","token":"38.2\/51\/38.2-5109","metadata":false},{"id":58610,"structure_id":13375,"section_number":"38.2-5110","catch_line":"Commission's authority regarding risk retention groups and purchasing groups","url":"\/38.2-5110\/","token":"38.2\/51\/38.2-5110","metadata":false},{"id":84645,"structure_id":13375,"section_number":"38.2-5111","catch_line":"Penalties","url":"\/38.2-5111\/","token":"38.2\/51\/38.2-5111","metadata":false},{"id":62188,"structure_id":13375,"section_number":"38.2-5112","catch_line":"Duty on agents or brokers","url":"\/38.2-5112\/","token":"38.2\/51\/38.2-5112","metadata":false},{"id":81720,"structure_id":13375,"section_number":"38.2-5113","catch_line":"Financial responsibility policy form or coverage requirements","url":"\/38.2-5113\/","token":"38.2\/51\/38.2-5113","metadata":false},{"id":66351,"structure_id":13375,"section_number":"38.2-5114","catch_line":"Application of other state laws to persons or corporations","url":"\/38.2-5114\/","token":"38.2\/51\/38.2-5114","metadata":false},{"id":73111,"structure_id":13375,"section_number":"38.2-5115","catch_line":"Binding effect of orders issued in U.S. District Court","url":"\/38.2-5115\/","token":"38.2\/51\/38.2-5115","metadata":false}],"previous_section":{"id":58610,"structure_id":13375,"section_number":"38.2-5110","catch_line":"Commission's authority regarding risk retention groups and purchasing groups","url":"\/38.2-5110\/","token":"38.2\/51\/38.2-5110","metadata":false},"next_section":{"id":62188,"structure_id":13375,"section_number":"38.2-5112","catch_line":"Duty on agents or brokers","url":"\/38.2-5112\/","token":"38.2\/51\/38.2-5112","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-5111\/","history_text":"<p>This law was first created in 1987. The record of its establishment is cataloged in chapter 585 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 1987 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":217753,"object_type":"law","relational_id":84645,"identifier":"38.2-5111","token":"38.2\/51\/38.2-5111","url":"\/38.2-5111\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-5111\/","token":"38.2\/51\/38.2-5111","dublin_core":{"Title":"Penalties","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-5111","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A <span class=\"dictionary\">risk retention group<\/span> which violates any provision of this chapter will be subject to fines and penalties applicable to licensed <span class=\"dictionary\">insurers<\/span> generally, including <span class=\"dictionary\">revocation<\/span> of its license or the right to do business in this Commonwealth.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPENALTIES (\u00a7 38.2-5111)\n\nA risk retention group which violates any provision of this chapter will be\nsubject to fines and penalties applicable to licensed insurers generally,\nincluding revocation of its license or the right to do business in this\nCommonwealth.\n\nHISTORY: 1987, c. 585.","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}}