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2018 Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 27 - Local Government Group Self-Insurance Pools
§ 15.2-2709. Group self-insurance pool not an insurer
Universal Citation: VA Code § 15.2-2709 (2018)
Any group self-insurance pool organized pursuant to this chapter is not an insurance company or insurer under the laws of the Commonwealth. The development, administration, and provision of group self-insurance programs and coverages authorized by this chapter by the governing authority created to administer the pool does not constitute doing an insurance business.
However, a group self-insurance pool shall be subject to the provisions of Chapters 5, Unfair Trade Practices and 6, Insurance Information and Privacy Protection Act of Title 38.2.
1986, cc. 520, 556, ยง 15.1-503.4:9; 1997, c. 587.
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