§ 46.2-480 Reimbursement of carrier and proration of insurance
Any policy may provide:
1. That the insured, or any other person covered by the policy, shall reimburse the insurance carrier for payments made on account of any accident, claim, or suit involving a breach of the terms, provisions, or conditions of the policy; or
2. For proration of the insurance with other applicable valid and collectible insurance.
History
The record of this law’s original creation isn’t available online. The oldest record of it is its appearance in the Code of Virginia of 1950, as § 46-499. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1958, chapter 541; in 1989, chapter 727.
Code 1950, § 46-499; 1958, c. 541, § 46.1-512; 1989, c. 727.