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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77766</law_id><section_number>38.2-1005.1:12</section_number><catch_line>Failure to give notice</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="10">Organization, Admission and Licensing of Insurers</unit><unit label="article" level="3" order_by="1" identifier="1.1">Formation of Mutual Insurance Holding Company; Conversion of Mutual Holding Company to Stock Holding Company</unit></structure><text>
						<section><p>If a <span class="dictionary">mutual company</span> complies substantially and in good faith with the notice requirements in this article, its failure to give any <span class="dictionary">member</span> a required notice shall not impair the validity of any action taken under this article.</p></section></text><history>2001, c. 726.</history><metadata></metadata></law>
