Establishment and Operation of the Association

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 1 of the Code of Virginia, titled “Establishment and Operation of the Association.” It is part of Chapter 17 “Virginia Life, Accident and Sickness Insurance Guaranty Association”, which is part of Title 38.2 “Insurance”. It contains 16 laws.

It’s comprised of the following 16 sections.

§ 38.2-1700	Purpose and applicability of chapter
§ 38.2-1701	Definitions
§ 38.2-1702	Association; creation; memberships; accounts; supervision
§ 38.2-1703	Board of directors of Association
§ 38.2-1704	Powers and duties of Association
§ 38.2-1705	Assessments
§ 38.2-1706	Plan of operation
§ 38.2-1707	Duties and powers of the Commission
§ 38.2-1708	Detection and prevention of insolvencies
§ 38.2-1709	Tax write-offs of certificates of contributions
§ 38.2-1710	Miscellaneous provisions
§ 38.2-1711	Examination of the Association; annual report
§ 38.2-1712	Tax exemptions
§ 38.2-1713	Immunity
§ 38.2-1714	Stay of proceedings; reopening default judgments
§ 38.2-1715	Prohibited advertisement of Association coverage in insurance sales; notice to policy owners