{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-2501.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-2501.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-2501.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-2501.html"}],"law_id":361873,"edition_id":2,"section_id":361873,"structure_id":51718,"section_number":"38.2-2501","catch_line":"Definitions","history":"Code 1950, \u00a7\u00a7 38-523, 38-526, 38-529; 1952, c. 317, \u00a7 38.1-659; 1954, c. 161; 1960, c. 292; 1962, c. 172; 1974, c. 244; 1986, c. 562.","full_text":"As used in this chapter:\n\n“Mutual assessment insurance” means property and casualty insurance written by an insurer which has a right to assess its members for contributions and which is licensed pursuant to this chapter.\n\n“Mutual assessment property and casualty insurer” means a company without capital stock that writes only mutual assessment insurance insuring property located in or protecting against losses of members who are residents of this Commonwealth.\n\n","order_by":null,"text":{"0":{"id":1347278,"text":"As used in this chapter:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1347279,"text":"“Mutual assessment insurance” means property and casualty insurance written by an insurer which has a right to assess its members for contributions and which is licensed pursuant to this chapter.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"2":{"id":1347280,"text":"“Mutual assessment property and casualty insurer” means a company without capital stock that writes only mutual assessment insurance insuring property located in or protecting against losses of members who are residents of this Commonwealth.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":51718,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51717,"metadata":{"child_laws":8,"child_structures":0},"date_created":"2026-08-02 02:47:11","date_modified":"2026-08-02 12:33:07","permalink":{"id":1440815,"object_type":"structure","relational_id":51718,"identifier":"1","token":"38.2\/25\/1","url":"\/38.2\/25\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51717,"edition_id":2,"name":"Mutual Assessment Property and Casualty Insurers","identifier":"25","label":"chapter","depth":2,"order_by":25,"parent_id":51644,"metadata":{"child_laws":30,"child_structures":5},"date_created":"2026-08-02 02:47:11","date_modified":"2026-08-02 12:33:07","permalink":{"id":1440813,"object_type":"structure","relational_id":51717,"identifier":"25","token":"38.2\/25","url":"\/38.2\/25\/","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":361872,"structure_id":51718,"section_number":"38.2-2500","catch_line":"Scope of chapter","url":"\/38.2-2500\/","token":"38.2\/25\/1\/38.2-2500","metadata":false},{"id":361873,"structure_id":51718,"section_number":"38.2-2501","catch_line":"Definitions","url":"\/38.2-2501\/","token":"38.2\/25\/1\/38.2-2501","metadata":false},{"id":361874,"structure_id":51718,"section_number":"38.2-2502","catch_line":"Mutual assessment insurance authorized","url":"\/38.2-2502\/","token":"38.2\/25\/1\/38.2-2502","metadata":false},{"id":361875,"structure_id":51718,"section_number":"38.2-2503","catch_line":"Classes of insurance that may be written by mutual assessment property and casualty insurers; minimum surplus to policyholders required","url":"\/38.2-2503\/","token":"38.2\/25\/1\/38.2-2503","metadata":false},{"id":361876,"structure_id":51718,"section_number":"38.2-2504","catch_line":"Property beyond authorized territory","url":"\/38.2-2504\/","token":"38.2\/25\/1\/38.2-2504","metadata":false},{"id":361877,"structure_id":51718,"section_number":"38.2-2505","catch_line":"Risks limited to those specified in this chapter; personal liability for loss","url":"\/38.2-2505\/","token":"38.2\/25\/1\/38.2-2505","metadata":false},{"id":361878,"structure_id":51718,"section_number":"38.2-2506","catch_line":"What laws applicable","url":"\/38.2-2506\/","token":"38.2\/25\/1\/38.2-2506","metadata":false},{"id":361879,"structure_id":51718,"section_number":"38.2-2507","catch_line":"Conversion of mutual assessment property and casualty insurers","url":"\/38.2-2507\/","token":"38.2\/25\/1\/38.2-2507","metadata":false}],"previous_section":{"id":361872,"structure_id":51718,"section_number":"38.2-2500","catch_line":"Scope of chapter","url":"\/38.2-2500\/","token":"38.2\/25\/1\/38.2-2500","metadata":false},"next_section":{"id":361874,"structure_id":51718,"section_number":"38.2-2502","catch_line":"Mutual assessment insurance authorized","url":"\/38.2-2502\/","token":"38.2\/25\/1\/38.2-2502","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2501\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1954, chapter 161; in 1960, chapter 292; in 1962, chapter 172; in 1974, chapter 244; in 1986, chapter 562.<\/p>","references":[{"id":371321,"section_number":"58.1-2502","catch_line":"Exemptions and exclusions","order_by":null,"url":"\/58.1-2502\/"}],"refers_to":false,"permalink":{"id":1440821,"object_type":"law","relational_id":361873,"identifier":"38.2-2501","token":"38.2\/25\/1\/38.2-2501","url":"\/38.2-2501\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-2501\/","token":"38.2\/25\/1\/38.2-2501","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2501","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

As used in this chapter:<\/p>

“Mutual assessment insurance<\/span>” means property and casualty insurance written by an insurer<\/span> which has a right to assess its members for contributions and which is licensed pursuant to this chapter.<\/p>

“Mutual assessment property and casualty insurer<\/span>” means a company<\/span> without capital stock that writes only mutual assessment insurance<\/span> insuring property located in or protecting against losses of members who are residents of this Commonwealth.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 38.2-2501)\n\nAs used in this chapter:\n\n“Mutual assessment insurance” means property and casualty insurance\nwritten by an insurer which has a right to assess its members for contributions\nand which is licensed pursuant to this chapter.\n\n“Mutual assessment property and casualty insurer” means a company\nwithout capital stock that writes only mutual assessment insurance insuring\nproperty located in or protecting against losses of members who are residents of\nthis Commonwealth.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-523, 38-526, 38-529; 1952, c. 317, \u00a7 38.1-659;\n1954, c. 161; 1960, c. 292; 1962, c. 172; 1974, c. 244; 1986, c. 562.","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"}}