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State statute · Virginia

Provisions of a General Nature

Code of Virginia Title 38.2 Chapter 2, §§ 38.2-200 through 38.2-237, 44 sections

Publisher
Virginia General Assembly, Division of Legislative Automated Systems
Edition
Code of Virginia as published by the Virginia Law Portal, whose own currency label on the...
Last checked
2026-09-17
Status
US state statute
Edition and licensing notes

Publisher. Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov)

Edition. Code of Virginia as published by the Virginia Law Portal, whose own currency label on the table of contents is "2026 Updates"; the page's printed date stamp reads 9/17/2026. The portal prints no other currency statement. Retrieved 2026-09-17.

Status. US state statute.

What this document is

Code of Virginia Title 38.2 Chapter 2 - Provisions of a General Nature (§§ 38.2-200 through 38.2-237, 44 sections) is a state statute published by Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov). It is one of the Virginia documents that insurance license exam questions are written from, including virginia property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

  • Va. Code Sec. 38.2-231(A)(1)(b) (Notice of cancellation or refusal to renew; effective date)
    “b. State the date, which shall not be less than 45 days after the delivery or mailing of the notice of cancellation or refusal to renew, on which such cancellation or refusal to renew shall become effective, except that such effective date may not be less than 15 days from the date of mailing or...”
  • Va. Code Sec. 38.2-208(A) and (B) (Limitation of risks generally; surplus to policyholders)
    “A. Except as otherwise provided in this title, no insurer transacting business in this Commonwealth shall expose itself to any loss on any one risk or hazard in an amount exceeding ten percent of its surplus to policyholders. Any risk or portion of any risk reinsured by an insurer meeting standards...”
  • Va. Code Sec. 38.2-227 (Public policy regarding punitive damages)
    “It is not against the public policy of the Commonwealth for any person to purchase insurance providing coverage for punitive damages arising out of the death or injury of any person as the result of negligence, including willful and wanton negligence, but excluding intentional acts. This section...”
  • Va. Code Sec. 38.2-235 (Liability insurance; carbon monoxide exclusions)
    “No policy of insurance furnishing personal injury liability or property damage liability coverage as defined in §§ 38.2-117 and 38.2-118, including any endorsements thereto, shall be deemed to exclude coverage for the discharge, dispersal, seepage, migration, release, emission, leakage or escape of...”

Practice this material

Questions about this source

Code of Virginia Title 38.2 Chapter 2 - Provisions of a General Nature (§§ 38.2-200 through 38.2-237, 44 sections) is a state statute published by Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov). Edition: Code of Virginia as published by the Virginia Law Portal, whose own currency label on the table of contents is "2026 Updates"; the page's printed date stamp reads 9/17/2026. The portal prints no other currency statement. Retrieved 2026-09-17..

No. This page summarizes the document and links to the official version. Always rely on the text published by Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov) for the current law.

Practice questions for Virginia Property & Casualty cite this document.

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