Code of Virginia
Chapter 16 - Virginia Property and Casualty Insurance Guaranty Association
§ 38.2-1618. Purpose and applicability of article

The purpose of this article is to provide directions and guidelines for the control and use of funds provided pursuant to § 38.2-225, obtained through secured borrowings made pursuant to subdivision B 7 of § 38.2-1606, or obtained from sources of funds not specified in Article 1 (§ 38.2-1600 et seq.) of this chapter.
1986, c. 562; 1998, c. 230.

Structure Code of Virginia

Code of Virginia

Title 38.2 - Insurance

Chapter 16 - Virginia Property and Casualty Insurance Guaranty Association

§ 38.2-1600. Purpose

§ 38.2-1601. Application

§ 38.2-1602. Liberal construction

§ 38.2-1603. Definitions

§ 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

§ 38.2-1609. Insured's rights and liabilities; settlements binding on receiver or liquidator; priority of claims; statements to be filed with receiver or liquidator

§ 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

§ 38.2-1614. Repealed

§ 38.2-1615. No liability for action taken in good faith

§ 38.2-1616. Stay of proceedings against insolvent insurer; setting aside judgment, etc.; access to records

§ 38.2-1617. Termination of operation of Association; expiration of chapter

§ 38.2-1618. Purpose and applicability of article

§ 38.2-1619. Safety fund

§ 38.2-1620. Financing the safety fund, maximum amount, distribution of excess

§ 38.2-1621. Investment of safety fund

§ 38.2-1622. Use of safety fund, repayment, etc.

§ 38.2-1623. Association as a fiduciary