reglab/housing_qa huggingface dataset:
VA Code § 38.2-806 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-806. Defense of action by unlicensed insurer

A. Before any unlicensed insurer files or causes to be filed any pleading in any action, suit or proceeding instituted against it, that insurer shall either:1. Deposit cash or securities with the clerk of the court in which the action, suit or proceeding is pending, or file with the clerk a bond in an amount to be fixed by the court which shall be sufficient to secure the payment of any final judgment; or2. Procure a certificate of authority and a license to transact the business of insurance in this Commonwealth.B. The court may order a postponement in any action, suit or proceeding in which service is made in the manner provided in § 38.2-802 or § 38.2-803 to afford the unlicensed insurer reasonable opportunity to comply with the provisions of subsection A of this section and to defend the action.C. Nothing in subsection A of this section shall be construed to prevent any unlicensed insurer from appearing specially in the suit or other proceeding in which service was made in the manner provided in this article on the ground either that (i) the insurer has not done any of the acts listed in § 38.2-801, or (ii) the person on whom service was made pursuant to § 38.2-803 was not doing any of the acts listed in § 38.2-803.1952, c. 317, § 38.1-69; 1986, c. 562.
VA Code § 38.2-807 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-807. Attorney fees

A. In any action against an unlicensed insurer upon an insurance contract issued or delivered in this Commonwealth to a resident of this Commonwealth or to a corporation authorized to do business in this Commonwealth, the court may allow the plaintiff a reasonable attorney fee if (i) the insurer has failed to make payment in accordance with the terms of the contract for 30 days after demand prior to the commencement of the action and (ii) the court concludes that the refusal was vexatious and without reasonable cause. The fee shall not exceed 33 1/3 percent of the amount that the court or jury finds the plaintiff is entitled to recover against the insurer, but shall be at least $200.B. Failure of the insurer to defend the action shall be deemed prima facie evidence that its failure to make payment was vexatious and without reasonable cause.1952, c. 317, § 38.1-70; 1986, c. 562; 2010, c. 343.
VA Code § 38.2-808 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-808. Definition

For the purposes of this article, "agent" shall have the meaning as set forth in § 38.2-1800 which shall include a legal services agent, a health agent and a dental or optometric services agent.1986, c. 562.
VA Code § 38.2-809 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-809. What constitutes appointment of agent for service of process

The clerk of the Commission shall be deemed to be appointed by any unlicensed nonresident broker or agent as its agent for the service of process pursuant to § 13.1-758 if any of the following acts are effected by mail or otherwise in this Commonwealth by such unlicensed nonresident broker or agent: (i) the issuance or delivery of insurance contracts to residents of this Commonwealth or to corporations authorized to do business in this Commonwealth, (ii) the solicitation of applications for such contracts, (iii) the collection of premiums, membership fees, assessments or other considerations for such contracts, or (iv) the transaction of any other insurance business in connection with such contracts.1958, c. 180, § 38.1-70.2; 1986, c. 562.
VA Code § 38.2-810 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-810. How process or notice served

Service of process or notice upon any unlicensed nonresident broker or agent in any suit, action or proceeding arising out of or in connection with the acts enumerated in § 38.2-809 in this Commonwealth shall be made in the manner prescribed in § 13.1-758.1958, c. 180, § 38.1-70.3; 1986, c. 562.
VA Code § 38.2-811 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-811. Other legal service not limited

Nothing in this article shall limit the right to serve any process or notice upon any unlicensed nonresident broker or agent in any other manner permitted by law.1958, c. 180, § 38.1-70.4; 1986, c. 562.
VA Code § 38.2-812 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-812. Definition

For the purposes of this article, "public adjuster" shall have the meaning as set forth in § 38.2-1845.1.2012, cc. 734, 735.
VA Code § 38.2-813 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-813. What constitutes appointment of agent for service of process

The Clerk of the Commission shall be deemed to be appointed by any unlicensed public adjuster as its agent for the service of process pursuant to § 13.1-758 if any of the following acts are effected by mail or otherwise in the Commonwealth by such unlicensed public adjuster: (i) the investigation, negotiation, adjustment, or provision of advice to insureds in relation to first party claims arising under insurance contracts that insure real or personal property located in the Commonwealth; (ii) the solicitation of public adjusting for such contracts; (iii) the collection of fees, commissions, salaries, or other considerations for such contracts; or (iv) the transaction of any other insurance business in connection with such contracts.2012, cc. 734, 735.
VA Code § 38.2-814 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-814. How process or notice served

Service of process or notice upon any unlicensed public adjuster in any suit, action, or proceeding arising out of or in connection with the acts enumerated in § 38.2-813 in the Commonwealth shall be made in the manner prescribed in § 13.1-758.2012, cc. 734, 735.
VA Code § 38.2-815 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 8 - Service of Process|§ 38.2-815. Other legal service not limited

Nothing in this article shall limit the right to serve any process or notice upon any unlicensed public adjuster in any other manner permitted by law.2012, cc. 734, 735.
VA Code § 38.2-900 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 9 - Transition Provisions|§ 38.2-900. Workers' compensation

All acts and parts of acts inconsistent with the provisions of this title are hereby repealed to the extent of the inconsistency. However, the provisions of this title shall not amend or repeal any provisions of Title 65.2 relating to workers' compensation.1952, c. 317, § 38.1-43.1; 1986, c. 562.
VA Code § 38.2-901 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 9 - Transition Provisions|§ 38.2-901. References to former sections of Title 38 or Title 38.1

Wherever any of the conditions, requirements, provisions or contents of any section of Title 38 as such title existed prior to July 1, 1952, or Title 38.1, as that title existed before July 1, 1986, are transferred to a new or different section, and wherever any such old section is given a new section number in this title, all references to the former section of Title 38 or Title 38.1 appearing elsewhere in this Code than in this title shall be construed to apply to the new or renumbered section containing the conditions, requirements, provisions or contents.1952, c. 317, § 38.1-43.2; 1986, c. 562.
VA Code § 38.2-902 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 9 - Transition Provisions|§ 38.2-902. Existing licenses

Each license of an insurer, agent, surplus lines broker, or other person, issued and in force immediately before July 1, 1986, shall continue in force until its date of expiration or until terminated as provided in this title.1952, c. 317, § 38.1-43.3; 1986, c. 562.
VA Code § 38.2-903 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 9 - Transition Provisions|§ 38.2-903. Existing form of policy, contract, certificate, application, rider or endorsement

If any form does not comply with the provisions of this title but did comply with the provisions of any regulation or statute repealed by this Act of Assembly, it may continue to be used for a period of twelve months following July 1, 1986, unless the Commission prescribes otherwise pursuant to authority conferred by law.1952, c. 317, § 38.1-43.4; 1986, c. 562.
VA Code § 38.2-904 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 9 - Transition Provisions|§ 38.2-904. Existing rates

Every rate filed and presently in effect is continued and made effective until new rates are filed and become effective in accordance with the provisions of this title.1952, c. 317, § 38.1-43.5; 1972, c. 836; 1973, c. 504; 1986, c. 562.
VA Code § 38.2-1000 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1000. Incorporation of domestic stock insurers

Domestic stock insurers shall be incorporated under the provisions of Article 3 (§ 13.1-618 et seq.) of Chapter 9 of Title 13.1. A foreign insurer may become a domestic insurer under the provisions of Article 11 (§ 13.1-705 et seq.) or Article 12 (§ 13.1-715.1 et seq.) of Chapter 9 of Title 13.1. Except as otherwise provided in this title, domestic stock insurers shall be subject to all the general restrictions and shall have all the general powers imposed and conferred by law.Code 1950, §§ 38-27, 38-28; 1952, c. 317, § 38.1-71; 1956, c. 431; 1986, c. 562; 1995, c. 69; 2005, c. 765.
VA Code § 38.2-1001 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1001. Incorporation of domestic mutual insurers

Domestic mutual insurers shall be incorporated under the provisions of Article 3 (§ 13.1-818 et seq.) of Chapter 10 of Title 13.1. A foreign insurer may become a domestic insurer under the provisions of Article 10 (§ 13.1-884 et seq.) or Article 11 (§ 13.1-893.1 et seq.) of Chapter 10 of Title 13.1. Except as otherwise provided in this title, domestic mutual insurers shall be subject to all the general restrictions and shall have all the general powers imposed and conferred by law.Code 1950, §§ 38-27, 38-497, 38-498, 38-500, 38-501, 38-502; 1952, c. 317, § 38.1-74; 1956, c. 431; 1986, c. 562; 1995, c. 69.
VA Code § 38.2-1002 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1002. Additional requirements of articles of incorporation; name

The articles of incorporation for a domestic mutual insurer shall be signed by at least twenty natural persons, a majority of whom are legal residents of this Commonwealth. The articles shall, in addition to complying with the requirements of Article 3 (§ 13.1-818 et seq.) of Chapter 10 of Title 13.1, set forth the classes of insurance the insurer proposes to write.Code 1950, §§ 38-28, 38-497, 38-498, 38-499; 1952, c. 317, § 38.1-75; 1956, c. 431; 1958, c. 596; 1986, c. 562.
VA Code § 38.2-1003 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1003. When corporate status attained; bylaws filed with Commission

A domestic mutual insurer shall have legal existence as soon as the charter has been recorded with the Commission, after which the board of directors named in the charter may adopt bylaws and accept applications for insurance. However, no insurance shall be put in force until the insurer has been licensed to transact the business of insurance as provided by this chapter. The bylaws and any amendments shall be filed with the Commission within thirty days after adoption.Code 1950, § 38-503; 1952, c. 317, § 38.1-76; 1986, c. 562.
VA Code § 38.2-1004 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1004. Voting

Each member of a domestic mutual insurer shall have one vote, or a number of votes based upon the insurance in force, the number of policies held, or the amount of premiums paid, as provided in the bylaws of the insurer.Code 1950, § 38-507; 1952, c. 317, § 38.1-77; 1986, c. 562.
VA Code § 38.2-1005 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005. Certain mutual companies and societies not to become stock companies without approval of Commission

No mutual insurance company, mutual assessment property and casualty insurer, cooperative nonprofit life benefit company, mutual assessment life, accident and sickness company, burial society, or fraternal benefit society shall be converted into a stock corporation unless such conversion and the plan for conversion are approved by the Commission. The insurer shall comply with § 38.2-1028 before approval for conversion is granted by the Commission unless the Commission finds that the insurer will have the required capital and surplus within a reasonable time after conversion. A society or other nonstock company licensed under any chapter of this title except Chapter 10 (§ 38.2-1000 et seq.) shall be licensed as a mutual insurer subject to § 38.2-1029 prior to seeking approval for conversion under § 38.2-1005.1 or § 38.2-1005.1:9.1952, c. 317, § 38.1-79; 1970, c. 636; 1986, c. 562; 2001, c. 726.
VA Code § 38.2-1005.1 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1. Conversion of a domestic mutual insurer to a domestic stock insurer

A. Any domestic mutual insurer may convert to a domestic stock insurer pursuant to a plan of conversion approved by the Commission.B. The Commission shall approve any such plan of conversion if, after giving notice and an opportunity to be heard to the policyholders of the domestic mutual insurer, the Commission determines that:1. The terms and conditions of the plan are fair and equitable to the policyholders of the domestic mutual insurer;2. The plan is subject to approval by a vote of more than two-thirds of all votes cast on the plan at a meeting of the members of the domestic mutual insurer called for that purpose at which a quorum is present;3. Except as otherwise provided in subdivision 4 of this subsection, the plan allocates and directs that the entire stock ownership interests and other consideration to be distributed pursuant to the plan of conversion be distributed to the policyholders of the domestic mutual insurer;4. In the case of a domestic mutual insurer that converted from a health services plan that was in existence prior to December 31, 1987, the plan of conversion allocates and distributes to the State Treasurer, in addition to any shares of stock that the Commonwealth may be entitled to receive as a policyholder, shares of stock or cash or both with a value equal to the surplus, computed in accordance with generally accepted accounting principles, of such health services plan on December 31, 1987, plus ten million dollars; and5. Immediately after the conversion, the insurer will have the fully paid capital stock and surplus required by applicable law.C. A plan of conversion that utilizes a statutory merger in order to effect a conversion may be approved in accordance with this section and § 38.2-1005.1:9, and the provisions of § 38.2-1018 shall not be applicable to such plan of conversion.1996, cc. 801, 831; 2001, c. 726.
VA Code § 38.2-1005.1:2 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:2. Formation of mutual holding company and conversion of mutual company

A mutual company, upon approval of the Commission, may reorganize by forming a mutual holding company and continue the corporate existence of the reorganizing mutual company as a stock insurance company in accordance with the provisions of this article. At the time a plan of MHC conversion becomes effective and without any further action:1. The mutual company shall become a stock corporation, the membership interests of the policyholders in the mutual company shall be deemed extinguished and all eligible members of the mutual company shall become members of the mutual holding company in accordance with the articles of incorporation and bylaws of the mutual holding company and the applicable provisions of this article and Chapter 10 (§ 38.2-1000 et seq.) of this title; and2. All of the shares of capital stock of the converted company shall be issued to the mutual holding company that, at all times thereafter, shall own not less than a majority of the issued shares of the voting stock of the converted company; however, either at the time the conversion becomes effective or, with the Commission's approval, at any later time, the voting shares of the converted company may be held by one or more intermediate holding companies so long as the mutual holding company at all times owns, directly or indirectly, a majority of the voting shares of the converted company.2001, c. 726.
VA Code § 38.2-1005.1:3 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:3. Mutual holding company membership interest

A. A member of a mutual holding company shall not transfer membership in the company or any right arising from membership.B. A member of a mutual holding company shall not, as a member, be personally liable for or subject to assessment on account of any act, debt, liability or obligation of the MHC or of any entity owned or controlled by the MHC.C. A membership interest in a mutual holding company shall not constitute a security under the laws of the Commonwealth.2001, c. 726.
VA Code § 38.2-1005.1:6 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:6. Corporate existence

A. Upon conversion of a mutual company to a converted company in accordance with the provisions of this article, the corporate existence of the mutual company shall be continued in the converted company with the original date of incorporation of the mutual company. All rights, franchises and interests of the mutual company in and to any type of property, real, personal, mixed, tangible or intangible, held immediately prior to the effective date of the conversion shall be deemed transferred to and vested in the converted company without further act or deed. Simultaneously, the converted company shall be deemed to have assumed all obligations and liabilities of the mutual company that existed immediately prior to the conversion.B. Unless otherwise provided in the plan of MHC conversion, the directors and officers of the mutual company shall serve as the directors and officers of the converted company until new directors and officers of the converted company are elected in accordance with the articles of incorporation and bylaws of the converted company.2001, c. 726.
VA Code § 38.2-1005.1:7 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:7. Regulation and authority of a mutual holding company

A. A mutual holding company organized under Title 13.1 pursuant to the authority granted by this article shall have all of the powers granted to a domestic mutual insurance company licensed under Chapter 10 (§ 38.2-1000 et seq.) and shall be subject to the same limitations and restrictions imposed on insurance holding companies by Article 5 (§ 38.2-1322 et seq.), Article 5.1 (§ 38.2-1334.3 et seq.), Article 5.2 (§ 38.2-1334.11 et seq.), and Article 6 (§ 38.2-1335 et seq.) of Chapter 13 as well as all requirements and provisions of the laws of this Commonwealth that are not inconsistent with the provisions of this article except that a mutual holding company shall not have authority to transact insurance pursuant to this title.B. Neither the mutual holding company nor any intermediate holding company shall issue or reinsure policies of insurance.C. A mutual holding company may enter into an affiliation agreement or merger agreement either at the time of the conversion, or at some later time with the approval of the Commission, with any mutual insurance company licensed to transact insurance in this Commonwealth or another mutual holding company. Any such merger agreement may authorize members of the mutual insurance company or other mutual holding company to become members of the mutual holding company. Any such affiliation or merger agreement shall be subject to the provisions of this title relating to transactions entered into by a mutual insurance company organized and licensed under the laws of this Commonwealth.D. The assets of the mutual holding company shall be held in trust under such arrangements and on such terms as the Commission may approve for the benefit of the policyholders of the converted company. Any residual rights of the MHC in such assets or any of the assets of the MHC determined not to be held in trust shall be subject to a lien in favor of the policyholders of the converted company under such terms as the Commission may approve. Upon conversion of the mutual holding company as provided for in § 38.2-1005.1:9, such assets shall be released from trust in accordance with the plan of conversion approved by the Commission.2001, c. 726; 2014, c. 248; 2017, c. 643.
VA Code § 38.2-1005.1:8 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:8. Diversion of business to affiliates

Without prior approval of the Commission, neither the converted company nor any person affiliated with or controlling the converted company shall divert business from the converted company to any insurance company affiliated with the converted company if the purpose or effect of such diversion would be to reduce significantly the number of members of the mutual holding company.2001, c. 726.
VA Code § 38.2-1005.1:9 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:9. Conversion of mutual holding company

A mutual holding company may reorganize as a stock holding company by complying with the applicable provisions of § 38.2-1005.1. For the purposes of effecting such conversion, the mutual holding company shall be deemed a mutual insurer and the converted mutual holding company shall be deemed a stock insurer. Notwithstanding any provision of § 38.1-1005.1 to the contrary, the Commission shall approve the reorganization of the mutual holding company as a stock holding company if the Commission determines that the provisions of applicable law have been complied with and that the reorganization is fair and equitable as regards the interests of the members of the mutual holding company. The Commission may in its discretion order a public hearing for the purpose of determining whether the reorganization complies with such conditions.2001, c. 726.
VA Code § 38.2-1005.1:10 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 10 - Organization, Admission and Licensing of Insurers|§ 38.2-1005.1:10. Conflicts of interest

No director, officer, agent or employee of a mutual company or other person shall receive any fee, commission or other valuable consideration, other than such person's regular salary or compensation, for in any manner aiding, promoting, arranging, or assisting in a conversion except as set forth in the plan of MHC conversion approved by the Commission. This provision shall not prohibit the payment of reasonable fees and compensation to attorneys, accountants or actuaries for services performed in the independent practice of their professions notwithstanding the fact that such attorney, accountant or actuary is a director of the mutual company.2001, c. 726.