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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>74683</law_id><section_number>38.2-1215</section_number><catch_line>Reserves</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="12">Reciprocal Insurance</unit><unit label="article" level="3" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section><p>Each reciprocal shall maintain the same unearned premium and loss or claim reserves required for stock and mutual companies writing the same classes of <span class="dictionary">insurance</span>.</p></section></text><history>Code 1950, &#xA7;&#xA7; 38-558, 38-559; 1952, c. 317, &#xA7; 38.1-705; 1986, c. 562.</history><metadata></metadata></law>
