Benefits Consortium

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This is Article 17 of the Code of Virginia, titled “Benefits Consortium.” It is part of Chapter 8 “Banks”, which is part of Subtitle II “Depository Institutions and Trust Organizations”, which is part of Title 6.2 “Financial Institutions and Services”. It contains 3 laws.

It’s comprised of the following 3 sections.

§ 6.2-951 Definitions
§ 6.2-952 Conditions for a benefits consortium
§ 6.2-953 Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company