Any risk retention group and any insurer who transacts the business of insurance in this Commonwealth with a purchasing group or its members shall not be exempt from the policy form or coverage requirements of this Commonwealth's motor vehicle financial responsibility insurance law. For the purpose of this section, any risk retention group and any insurer who transacts the business of insurance in this Commonwealth with a purchasing group or its members shall comply with §§ 38.2-2200 through 38.2-2207, §§ 38.2-2209, 38.2-2211, 38.2-2216, and §§ 38.2-2218 through 38.2-2225 and any other applicable law of this Commonwealth.
1987, c. 585.
Structure Code of Virginia
Chapter 51 - Risk Retention Groups and Purchasing Groups
§ 38.2-5102. Risk retention groups chartered in this Commonwealth
§ 38.2-5103. Risk retention groups not chartered in this Commonwealth
§ 38.2-5107. Insurers; exemptions from certain laws relating to the group purchase of insurance
§ 38.2-5108. Notice and registration requirements of purchasing groups
§ 38.2-5109. Restrictions on insurance purchased by purchasing groups
§ 38.2-5110. Commission's authority regarding risk retention groups and purchasing groups
§ 38.2-5112. Duty on agents or brokers
§ 38.2-5113. Financial responsibility policy form or coverage requirements
§ 38.2-5114. Application of other state laws to persons or corporations
§ 38.2-5115. Binding effect of orders issued in U.S. District Court