{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/46.2-2056.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/46.2-2056.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/46.2-2056.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/46.2-2056.html"}],"law_id":75632,"edition_id":1,"section_id":75632,"structure_id":13818,"section_number":"46.2-2056","catch_line":"Effect of unfair claims settlement practices on self-insured motor carriers","history":"2001, c. 596.","full_text":"The provisions of subdivisions 4, 6, 11, and 12 of subsection A of \u00a7 38.2-510 shall apply to each holder of a certificate or permit issued by and under the authority of the Department who, in lieu of filing an insurance policy, has deposited with the State Treasurer state, federal or municipal bonds or has filed an unconditional letter of credit issued by a bank. The failure of any such holder of a certificate or permit to comply with the provisions of \u00a7 38.2-510 shall be the cause for revocation or suspension of the certificate or permit.","order_by":null,"text":{"0":{"id":271647,"text":"The provisions of subdivisions 4, 6, 11, and 12 of subsection A of \u00a7 38.2-510 shall apply to each holder of a certificate or permit issued by and under the authority of the Department who, in lieu of filing an insurance policy, has deposited with the State Treasurer state, federal or municipal bonds or has filed an unconditional letter of credit issued by a bank. The failure of any such holder of a certificate or permit to comply with the provisions of \u00a7 38.2-510 shall be the cause for revocation or suspension of the certificate or permit.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13818,"edition_id":1,"name":"Insurance Requirements","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13319,"metadata":{},"date_created":"2026-06-26 03:45:59","date_modified":"2026-06-26 03:45:59","permalink":{"id":232267,"object_type":"structure","relational_id":13818,"identifier":"2","token":"46.2\/V\/20\/2","url":"\/46.2\/V\/20\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13319,"edition_id":1,"name":"Regulation of Passenger Carriers","identifier":"20","label":"chapter","depth":3,"order_by":1,"parent_id":13318,"metadata":{},"date_created":"2026-06-26 03:44:38","date_modified":"2026-06-26 03:44:38","permalink":{"id":231967,"object_type":"structure","relational_id":13319,"identifier":"20","token":"46.2\/V\/20","url":"\/46.2\/V\/20\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13318,"edition_id":1,"name":"Motor Carriers","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12770,"metadata":{},"date_created":"2026-06-26 03:44:38","date_modified":"2026-06-26 03:44:38","permalink":{"id":231965,"object_type":"structure","relational_id":13318,"identifier":"V","token":"46.2\/V","url":"\/46.2\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12770,"edition_id":1,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225289,"object_type":"structure","relational_id":12770,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":77986,"structure_id":13818,"section_number":"46.2-2051","catch_line":"Application of article","url":"\/46.2-2051\/","token":"46.2\/V\/20\/2\/46.2-2051","metadata":false},{"id":58710,"structure_id":13818,"section_number":"46.2-2052","catch_line":"Bonds or insurance to be kept in force; amounts","url":"\/46.2-2052\/","token":"46.2\/V\/20\/2\/46.2-2052","metadata":false},{"id":76994,"structure_id":13818,"section_number":"46.2-2053","catch_line":"Surety bonds, insurance, letter of credit, or securities required prior to issuance of registration; amounts","url":"\/46.2-2053\/","token":"46.2\/V\/20\/2\/46.2-2053","metadata":false},{"id":73434,"structure_id":13818,"section_number":"46.2-2054","catch_line":"Policies or surety bonds to be filed with the Department and securities with State Treasurer","url":"\/46.2-2054\/","token":"46.2\/V\/20\/2\/46.2-2054","metadata":false},{"id":54831,"structure_id":13818,"section_number":"46.2-2055","catch_line":"Condition or obligation of security","url":"\/46.2-2055\/","token":"46.2\/V\/20\/2\/46.2-2055","metadata":false},{"id":75632,"structure_id":13818,"section_number":"46.2-2056","catch_line":"Effect of unfair claims settlement practices on self-insured motor carriers","url":"\/46.2-2056\/","token":"46.2\/V\/20\/2\/46.2-2056","metadata":false},{"id":86094,"structure_id":13818,"section_number":"46.2-2057","catch_line":"Taxicab insurance required","url":"\/46.2-2057\/","token":"46.2\/V\/20\/2\/46.2-2057","metadata":false},{"id":68594,"structure_id":13818,"section_number":"46.2-2058","catch_line":"When taxicab operator a self-insurer","url":"\/46.2-2058\/","token":"46.2\/V\/20\/2\/46.2-2058","metadata":false}],"previous_section":{"id":54831,"structure_id":13818,"section_number":"46.2-2055","catch_line":"Condition or obligation of security","url":"\/46.2-2055\/","token":"46.2\/V\/20\/2\/46.2-2055","metadata":false},"next_section":{"id":86094,"structure_id":13818,"section_number":"46.2-2057","catch_line":"Taxicab insurance required","url":"\/46.2-2057\/","token":"46.2\/V\/20\/2\/46.2-2057","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-2056\/","history_text":"

This law was first created in 2001. The record of its establishment is cataloged in chapter 596<\/a> 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.<\/p>","references":[{"id":54936,"section_number":"46.2-2011.24","catch_line":"Grounds for denying, suspending, or revoking licenses, permits, or certificates","order_by":null,"url":"\/46.2-2011.24\/"},{"id":86641,"section_number":"46.2-2067","catch_line":"Local regulation of number of taxicabs","order_by":null,"url":"\/46.2-2067\/"}],"refers_to":[{"id":56597,"section_number":"38.2-510","catch_line":"Unfair claim settlement practices","order_by":null,"url":"\/38.2-510\/"}],"permalink":{"id":232289,"object_type":"law","relational_id":75632,"identifier":"46.2-2056","token":"46.2\/V\/20\/2\/46.2-2056","url":"\/46.2-2056\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/46.2-2056\/","token":"46.2\/V\/20\/2\/46.2-2056","dublin_core":{"Title":"Effect of unfair claims settlement practices on self-insured motor carriers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-2056","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The provisions of subdivisions 4, 6, 11, and 12 of subsection A of \u00a7 38.2-510<\/a> shall apply to each holder of a certificate<\/span> or permit<\/span> issued by and under the authority of the Department<\/span> who, in lieu of filing an insurance policy, has deposited with the State Treasurer state, federal or municipal bonds<\/span> or has filed an unconditional letter of credit issued by a bank. The failure of any such holder of a certificate<\/span> or permit<\/span> to comply with the provisions of \u00a7 38.2-510<\/a> shall be the cause for revocation<\/span> or suspension<\/span> of the certificate<\/span> or permit<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEFFECT OF UNFAIR CLAIMS SETTLEMENT PRACTICES ON SELF-INSURED MOTOR CARRIERS (\u00a7\n46.2-2056)\n\nThe provisions of subdivisions 4, 6, 11, and 12 of subsection A of \u00a7 38.2-510\nshall apply to each holder of a certificate or permit issued by and under the\nauthority of the Department who, in lieu of filing an insurance policy, has\ndeposited with the State Treasurer state, federal or municipal bonds or has\nfiled an unconditional letter of credit issued by a bank. The failure of any\nsuch holder of a certificate or permit to comply with the provisions of \u00a7\n38.2-510 shall be the cause for revocation or suspension of the certificate or\npermit.\n\nHISTORY: 2001, c. 596.","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}}