§ 38.2-1716 Purpose and applicability of article.
§ 38.2-1717 Safety fund.
§ 38.2-1718 Financing the safety fund, maximum amount, distribution of excess.
§ 38.2-1719 Investment of safety fund.
§ 38.2-1720 Use of safety fund, repayment, etc.
§ 38.2-1721 Association as a fiduciary.
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Terms Used In Virginia Code > Title 38.2 > Chapter 17 > Article 2 - Additional Funds Paid to the Association.

  • Account: means any one of the two accounts created under § Virginia Code 38.2-1701
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Association: means the Virginia Life, Accident and Sickness Insurance Guaranty Association created under § Virginia Code 38.2-1701
  • Commission: means the State Corporation Commission. See Virginia Code 38.2-100
  • Fiduciary: A trustee, executor, or administrator.
  • Insurer: means an insurance company. See Virginia Code 38.2-100
  • Member insurer: means an insurer or health maintenance organization licensed to transact in the Commonwealth any class of insurance or health maintenance organization business to which this chapter applies under § Virginia Code 38.2-1701
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • rates: means any rate of premium, policy fee, membership fee or any other charge made by an insurer for or in connection with a contract or policy of insurance. See Virginia Code 38.2-100
  • State: means any commonwealth, state, territory, district or insular possession of the United States. See Virginia Code 38.2-100