                                 CODE OF VIRGINIA

PROPERTY BEYOND AUTHORIZED TERRITORY (§ 38.2-2504)

A mutual assessment property and casualty insurer shall not insure real property
outside the limits of the territory for which it is authorized to write
insurance as specified in its charter or bylaws. However, members may be
provided liability or other insurance on risks other than real property
insurable under this chapter, wherever located. When members own real property
near the border of the territory which extends in a contiguous manner beyond the
territory, all of the property may be insured if otherwise insurable under this
chapter, whether the property is within or without the territory.

HISTORY: Code 1950, §§ 38-526, 38-529; 1952, c. 317, § 38.1-661; 1986, c.
562.