There shall be no liability on the part of and no cause of action shall arise against any member insurer, the Association or its agents or employees, the board of directors, or the Commission or its representatives for any action taken or statement made by them in good faith in the performance of their powers and duties under this chapter. The Association's board of directors shall not incur any civil liability for any statements made in good faith under this provision.
1970, c. 766, § 38.1-772; 1986, c. 562.
Structure Code of Virginia
Chapter 16 - Virginia Property and Casualty Insurance Guaranty Association
§ 38.2-1602. Liberal construction
§ 38.2-1604. Association created; members; divided into three accounts
§ 38.2-1605. Board of directors
§ 38.2-1606. Duties and powers of Association
§ 38.2-1607. Plan of operation
§ 38.2-1608. Duties and powers of Commission; judicial review
§ 38.2-1610. Exhaustion of remedies under policy; claims recoverable from more than one association
§ 38.2-1611. Aids in detection and prevention of insurer insolvencies
§ 38.2-1611.1. Tax write-offs of certificates of contribution
§ 38.2-1612. Examination and regulation of Association by Commission; annual financial report
§ 38.2-1613. Exemption from payment of fees and taxes
§ 38.2-1615. No liability for action taken in good faith
§ 38.2-1617. Termination of operation of Association; expiration of chapter
§ 38.2-1618. Purpose and applicability of article
§ 38.2-1620. Financing the safety fund, maximum amount, distribution of excess
§ 38.2-1621. Investment of safety fund