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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>69639</law_id><section_number>38.2-3905</section_number><catch_line>Incorporation of companies</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="39">Mutual Assessment Life, Accident and Sickness Insurers</unit><unit label="article" level="3" order_by="1" identifier="2">Organization and Licensing of Companies</unit></structure><text>
						<section><p>Any <span class="dictionary">insurer</span> that was licensed and transacting in this Commonwealth the business of <span class="dictionary">mutual assessment life, accident and sickness insurance</span> on July 1, 1985, may continue to transact that business in accordance with its license.</p></section></text><history>1985, c. 400, &#xA7; 38.1-549.6; 1986, c. 562.</history><metadata></metadata></law>
