Cooperative Nonprofit Life Benefit Companies

  1. Law
  2. Code of Virginia
  3. Insurance
  4. Cooperative Nonprofit Life Benefit Companies

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Section
38.2-3800

Scope of chapter

Section
38.2-3801

Cooperative nonprofit life benefit company defined

Section
38.2-3802

Continuation of existing companies

Section
38.2-3803

Licensing of additional companies prohibited

Section
38.2-3804

What laws applicable

Section
38.2-3805

General powers of company; limitation on increase in rates

Section
38.2-3806

Constitution and bylaws

Section
38.2-3807

Governing body; board of directors

Section
38.2-3808

Filing copies of constitution and bylaws

Section
38.2-3809

How a company may become legal reserve life insurer

Section
38.2-3810

Institutions maintainable; company a charitable institution

Section
38.2-3811

Benefits not subject to process

Section
38.2-3812

Tax on gross premium receipts

Section
38.2-3813

Suits against company

Section
38.2-3814

Contracts in writing; fees

Section
38.2-3815

What benefits policies may provide

Section
38.2-3816

Policies companies may issue; reserves required; provisions concerning increase of rates and extra assessments

Section
38.2-3817

Paid-up insurance or extended term insurance

Section
38.2-3818

Officers and members not individually liable for payment