Code of Virginia § 38.2-1215. Reserves.
38 words·~1 min read·
/va/title-38-2/chapter-12/38-2-1215A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each reciprocal shall maintain the same unearned premium and loss or claim reserves required for stock and mutual companies writing the same classes of insurance.
Code 1950, §§ 38-558, 38-559; 1952, c. 317, § 38.1-705; 1986, c. 562.