                                 CODE OF VIRGINIA

CONTRACTS AS TO INSTALLATION OF AUTOMATIC SPRINKLERS WITH INCIDENTAL INSURANCE
CLAUSES (§ 27-5)

Nothing contained in Title 38.2 shall be construed as prohibiting the
performance of any contract made for the introduction of automatic sprinklers
for reducing the risk by fire on any property located in this Commonwealth and
containing provisions for obtaining or guaranteeing insurance against loss or
damage by fire or water for a specified time at a fixed rate; provided, that all
insurance contracts issued as a result of such contracts shall be in the form
required by law in this Commonwealth; provided, further, that the contract rate
be less than the published rate on risks covered thereby or the rate used by
insurance companies writing such risks.

HISTORY: 1930, p. 23; Michie Code 1942, § 4246c.