                                 CODE OF VIRGINIA

OBLIGATIONS NOT TO BE IMPAIRED IN EVENT OF REPEAL OF CHAPTER (§ 38.2-2713)

If the General Assembly repeals this chapter, (i) the obligations incurred by
the residual market facility and the joint underwriting association and policies
issued by either organization or by their members shall not be impaired by the
repeal, and (ii) the residual market facility and joint underwriting association
shall be continued until they have fully performed their respective outstanding
obligations.

HISTORY: 1970, c. 45, § 38.1-755.1; 1986, c. 562.