{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-2002.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-2002.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-2002.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-2002.1.html"}],"law_id":361703,"edition_id":2,"section_id":361703,"structure_id":51707,"section_number":"38.2-2002.1","catch_line":"Residual market mechanism; reinsurance pool","history":"1993, c. 985.","full_text":"Notwithstanding any other provision of law, insurers and rate service organizations participating in joint reinsurance pools organized for the purpose of establishing a residual market mechanism may, in connection with such purpose, act in cooperation with each other in the making of rates, rating systems, policy forms, underwriting rules, surveys, inspections, investigations, the furnishing of statistical or other information on losses and expenses, or the conduct of research.\n\n","order_by":null,"text":{"0":{"id":1346704,"text":"Notwithstanding any other provision of law, insurers and rate service organizations participating in joint reinsurance pools organized for the purpose of establishing a residual market mechanism may, in connection with such purpose, act in cooperation with each other in the making of rates, rating systems, policy forms, underwriting rules, surveys, inspections, investigations, the furnishing of statistical or other information on losses and expenses, or the conduct of research.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51707,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51706,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:46:51","date_modified":"2026-08-02 12:33:06","permalink":{"id":1440277,"object_type":"structure","relational_id":51707,"identifier":"1","token":"38.2\/20\/1","url":"\/38.2\/20\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51706,"edition_id":2,"name":"Regulation of Rates for Certain Types of Insurance","identifier":"20","label":"chapter","depth":2,"order_by":20,"parent_id":51644,"metadata":{"child_laws":31,"child_structures":4},"date_created":"2026-08-02 02:46:51","date_modified":"2026-08-02 12:33:05","permalink":{"id":1440275,"object_type":"structure","relational_id":51706,"identifier":"20","token":"38.2\/20","url":"\/38.2\/20\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361701,"structure_id":51707,"section_number":"38.2-2000","catch_line":"Purposes of chapter","url":"\/38.2-2000\/","token":"38.2\/20\/1\/38.2-2000","metadata":false},{"id":361700,"structure_id":51707,"section_number":"38.2-2000.1","catch_line":"Definitions","url":"\/38.2-2000.1\/","token":"38.2\/20\/1\/38.2-2000.1","metadata":false},{"id":361702,"structure_id":51707,"section_number":"38.2-2001","catch_line":"Insurance to which chapter applies","url":"\/38.2-2001\/","token":"38.2\/20\/1\/38.2-2001","metadata":false},{"id":361704,"structure_id":51707,"section_number":"38.2-2002","catch_line":"Joint underwriting and joint reinsurance","url":"\/38.2-2002\/","token":"38.2\/20\/1\/38.2-2002","metadata":false},{"id":361703,"structure_id":51707,"section_number":"38.2-2002.1","catch_line":"Residual market mechanism; reinsurance pool","url":"\/38.2-2002.1\/","token":"38.2\/20\/1\/38.2-2002.1","metadata":false}],"previous_section":{"id":361704,"structure_id":51707,"section_number":"38.2-2002","catch_line":"Joint underwriting and joint reinsurance","url":"\/38.2-2002\/","token":"38.2\/20\/1\/38.2-2002","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2002.1\/","history_text":"<p>This law was first created in 1993. The record of its establishment is cataloged in chapter 985 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1993 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":1440295,"object_type":"law","relational_id":361703,"identifier":"38.2-2002.1","token":"38.2\/20\/1\/38.2-2002.1","url":"\/38.2-2002.1\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-2002.1\/","token":"38.2\/20\/1\/38.2-2002.1","dublin_core":{"Title":"Residual market mechanism; reinsurance pool","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2002.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Notwithstanding any other provision of <span class=\"dictionary\">law<\/span>, <span class=\"dictionary\">insurers<\/span> and <span class=\"dictionary\">rate service organizations<\/span> participating in joint reinsurance <span class=\"dictionary\">pools<\/span> organized for the purpose of establishing a <span class=\"dictionary\">residual market mechanism<\/span> may, in connection with such purpose, act in cooperation with each other in the making of <span class=\"dictionary\"><span class=\"dictionary\">rates<\/span><\/span>, rating systems, policy forms, underwriting rules, surveys, inspections, investigations, the furnishing of statistical or other information on losses and expenses, or the conduct of research.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nRESIDUAL MARKET MECHANISM; REINSURANCE POOL (\u00a7 38.2-2002.1)\n\nNotwithstanding any other provision of law, insurers and rate service\norganizations participating in joint reinsurance pools organized for the purpose\nof establishing a residual market mechanism may, in connection with such\npurpose, act in cooperation with each other in the making of rates, rating\nsystems, policy forms, underwriting rules, surveys, inspections, investigations,\nthe furnishing of statistical or other information on losses and expenses, or\nthe conduct of research.\n\nHISTORY: 1993, c. 985.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}