Code of Virginia § 38.2-2413. Release of insurers from liability; rights and remedies.
62 words·~1 min read·
/va/title-38-2/chapter-24/38-2-2413A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any fidelity and surety insurer shall be released from its liability on the same terms and conditions as are prescribed by law for the release of individuals. Any fidelity and surety insurer shall have all the rights, remedies and relief to which an individual guarantor, indemnitor, or surety is entitled.
Code 1950, § 38-333; 1952, c. 317, § 38.1-649; 1986, c. 562.