Virginia § 38.2-2000 - Purposes of chapter
Full text of Virginia Code of Virginia § 38.2-2000 — Purposes of chapter, with citation guidance and answers to common questions.
§ 38.2-2000. Purposes of chapter
A. The purposes of this chapter are to protect policyholders and the public against the adverse effects of excessive, inadequate, or unfairly discriminatory insurance rates, and to authorize and regulate cooperative action among insurers in rate making and in other matters within the scope of this chapter. Nothing in this chapter is intended to (i) prohibit or discourage reasonable competition, or (ii) prohibit or encourage uniformity in insurance rates, rating systems and rating plans or practices, except to the extent necessary to accomplish the purposes mentioned above.
B. This chapter shall be liberally interpreted to effect the purposes of this chapter.
1952, c. 317, § 38.1-218; 1986, c. 562.
Frequently Asked Questions About Virginia § 38.2-2000
What does Code of Virginia § 38.2-2000 cover?
Section 38.2-2000 ("Purposes of chapter") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 38.2-2000?
A common citation format is "Code of Virginia § 38.2-2000" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 38.2-2000 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.