                                 CODE OF VIRGINIA

NOTICE OF ASSESSMENT; HOW GIVEN (§ 38.2-2521)

After an assessment is made, the insurer shall give every member subject to the
assessment written notice stating the amount of the member&#8217;s assessment
and the date when payment is due. Except where the provisions of the bylaws or
the policy provide otherwise, the time of payment shall be at least thirty days
and no more than sixty days from the service of the notice. That notice may be
served personally, by mail, or by electronic delivery pursuant to § 38.2-325.
If mailed, the notice shall be deposited with the United States Postal Service
and addressed to the member at his residence or place of business as shown on
the company records.

HISTORY: Code 1950, § 38-535; 1952, c. 317, § 38.1-684; 1986, c. 562; 2020, c.
216.