Article 1 Establishment and Operation of the Association

This article is comprised of the following sections:
  • §38.2-1600 Purpose
  • §38.2-1601 Application
  • §38.2-1602 Liberal construction
  • §38.2-1603 Definitions
  • §38.2-1604 Association created; members; divided into three accounts
  • §38.2-1605 Board of directors
  • §38.2-1606 Duties and powers of Association
  • §38.2-1607 Plan of operation
  • §38.2-1608 Duties and powers of Commission; judicial review
  • §38.2-1609 Insured’s rights and liabilities; settlements binding on receiver or liquidator; priority of claims; statements to be filed with receiver or liquidator
  • §38.2-1610 Exhaustion of remedies under policy; claims recoverable from more than one association
  • §38.2-1611 Aids in detection and prevention of insurer insolvencies
  • §38.2-1611.1 Tax write-offs of certificates of contribution
  • §38.2-1612 Examination and regulation of Association by Commission; annual financial report
  • §38.2-1613 Exemption from payment of fees and taxes
  • §38.2-1614 Repealed
  • §38.2-1615 No liability for action taken in good faith
  • §38.2-1616 Stay of proceedings against insolvent insurer; setting aside judgment, etc.; access to records
  • §38.2-1617 Termination of operation of Association; expiration of chapter