{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-591.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-591.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-591.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-591.html"}],"law_id":70474,"edition_id":1,"section_id":70474,"structure_id":16385,"section_number":"59.1-591","catch_line":"Additional requirements","history":"2022, cc. 404, 405.","full_text":"A\n\nThe board of trustees established pursuant to subsection B of § 59.1-590 shall (i) operate any health benefit plans in accordance with the fiduciary duties defined in ERISA and (ii) have the power to make and collect special assessments against members and, if any assessment is not timely paid, to enforce collection of such assessment.B\n\nEach member shall be liable for his allocated share of the liabilities of the sponsoring association under a health benefit plan as determined by the board of trustees.C\n\nHealth benefit plan documents shall have the following statement printed on the first page in size 14-point boldface type:\n\t\t\t“This coverage is not insurance and is not offered through an insurance company. This coverage is not required to comply with certain federal market requirements for health insurance, nor is it required to comply with certain state laws for health insurance. Each member shall be liable for his allocated share of the liabilities of the sponsoring association under the health benefit plan as determined by the board of trustees. This means that each member may be responsible for paying an additional sum if the annual premiums present a deficit of funds for the trust. The trust’s financial documents shall be available for public inspection at (insert website of where sponsoring association trust documents are posted).”","order_by":null,"text":{"0":{"id":254333,"text":"The board of trustees established pursuant to subsection B of § 59.1-590 shall (i) operate any health benefit plans in accordance with the fiduciary duties defined in ERISA and (ii) have the power to make and collect special assessments against members and, if any assessment is not timely paid, to enforce collection of such assessment.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":254334,"text":"Each member shall be liable for his allocated share of the liabilities of the sponsoring association under a health benefit plan as determined by the board of trustees.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":254335,"text":"Health benefit plan documents shall have the following statement printed on the first page in size 14-point boldface type:\n\t\t\t“This coverage is not insurance and is not offered through an insurance company. This coverage is not required to comply with certain federal market requirements for health insurance, nor is it required to comply with certain state laws for health insurance. Each member shall be liable for his allocated share of the liabilities of the sponsoring association under the health benefit plan as determined by the board of trustees. This means that each member may be responsible for paying an additional sum if the annual premiums present a deficit of funds for the trust. The trust’s financial documents shall be available for public inspection at (insert website of where sponsoring association trust documents are posted).”","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":16385,"edition_id":1,"name":"Benefits Consortium","identifier":"55","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 04:15:58","date_modified":"2026-06-26 04:15:58","permalink":{"id":262807,"object_type":"structure","relational_id":16385,"identifier":"55","token":"59.1\/55","url":"\/59.1\/55\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85968,"structure_id":16385,"section_number":"59.1-589","catch_line":"Definitions","url":"\/59.1-589\/","token":"59.1\/55\/59.1-589","metadata":false},{"id":67639,"structure_id":16385,"section_number":"59.1-590","catch_line":"Conditions for a benefits consortium","url":"\/59.1-590\/","token":"59.1\/55\/59.1-590","metadata":false},{"id":70474,"structure_id":16385,"section_number":"59.1-591","catch_line":"Additional requirements","url":"\/59.1-591\/","token":"59.1\/55\/59.1-591","metadata":false},{"id":75925,"structure_id":16385,"section_number":"59.1-592","catch_line":"Exemptions; license tax","url":"\/59.1-592\/","token":"59.1\/55\/59.1-592","metadata":false}],"previous_section":{"id":67639,"structure_id":16385,"section_number":"59.1-590","catch_line":"Conditions for a benefits consortium","url":"\/59.1-590\/","token":"59.1\/55\/59.1-590","metadata":false},"next_section":{"id":75925,"structure_id":16385,"section_number":"59.1-592","catch_line":"Exemptions; license tax","url":"\/59.1-592\/","token":"59.1\/55\/59.1-592","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-591\/","history_text":"

This law was first created in 2022. The record of its establishment is cataloged in chapters 404<\/a> and 405<\/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":false,"refers_to":[{"id":67639,"section_number":"59.1-590","catch_line":"Conditions for a benefits consortium","order_by":null,"url":"\/59.1-590\/"}],"permalink":{"id":262817,"object_type":"law","relational_id":70474,"identifier":"59.1-591","token":"59.1\/55\/59.1-591","url":"\/59.1-591\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-591\/","token":"59.1\/55\/59.1-591","dublin_core":{"Title":"Additional requirements","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-591","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The board of trustees established pursuant to subsection B of § 59.1-590<\/a> shall (i) operate any health benefit plans<\/span> in accordance with the fiduciary duties defined in ERISA<\/span> and (ii) have the power to make and collect special assessments against members<\/span> and, if any assessment is not timely paid, to enforce collection of such assessment. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Each member<\/span> shall be liable for his allocated share of the liabilities of the sponsoring association<\/span> under a health benefit plan<\/span> as determined by the board of trustees. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Health benefit plan<\/span> documents shall have the following statement printed on the first page in size 14-point boldface type:\n\t\t\t“This coverage is not insurance and is not offered through an insurance company. This coverage is not required to comply with certain federal market requirements for health insurance, nor is it required to comply with certain state laws<\/span> for health insurance. Each member<\/span> shall be liable for his allocated share of the liabilities of the sponsoring association<\/span> under the health benefit plan<\/span> as determined by the board of trustees. This means that each member<\/span> may be responsible for paying an additional sum if the annual premiums present a deficit of funds for the trust<\/span>. The trust<\/span>’s financial documents shall be available for public inspection at (insert website of where sponsoring association<\/span> trust<\/span> documents are posted).” <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nADDITIONAL REQUIREMENTS (\u00a7 59.1-591)\n\nA. The board of trustees established pursuant to subsection B of § 59.1-590\nshall (i) operate any health benefit plans in accordance with the fiduciary\nduties defined in ERISA and (ii) have the power to make and collect special\nassessments against members and, if any assessment is not timely paid, to\nenforce collection of such assessment.\n\nB. Each member shall be liable for his allocated share of the liabilities of the\nsponsoring association under a health benefit plan as determined by the board of\ntrustees.\n\nC. Health benefit plan documents shall have the following statement printed on\nthe first page in size 14-point boldface type:\n\t\t\t“This coverage is not insurance and is not offered through an insurance\ncompany. This coverage is not required to comply with certain federal market\nrequirements for health insurance, nor is it required to comply with certain\nstate laws for health insurance. Each member shall be liable for his allocated\nshare of the liabilities of the sponsoring association under the health benefit\nplan as determined by the board of trustees. This means that each member may be\nresponsible for paying an additional sum if the annual premiums present a\ndeficit of funds for the trust. The trust’s financial documents shall be\navailable for public inspection at (insert website of where sponsoring\nassociation trust documents are posted).”\n\nHISTORY: 2022, cc. 404, 405.","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}}