Virginia § 38.2-3516 - Purpose
Full text of Virginia Code of Virginia § 38.2-3516 — Purpose, with citation guidance and answers to common questions.
§ 38.2-3516. Purpose
The purpose of this article is to authorize the Commission, pursuant to the authority granted in § 38.2-223, to issue rules and regulations to:
1. Establish the minimum standards for filing of policy forms for individual and small group health benefit plans as defined in § 38.2-3438;
2. Establish the minimum standards, terms, and coverages for individual and group accident and sickness policies known as excepted benefits, as defined in § 38.2-3431; and
3. Establish the minimum standards for short-term limited-duration insurance.
The Commission shall ensure that policy standards are simple and understandable and are not misleading or unreasonably confusing and that the sale of such policies provides for full disclosure.
1980, c. 204, § 38.1-362.11; 1986, c. 562; 2022, c. 531.
Frequently Asked Questions About Virginia § 38.2-3516
What does Code of Virginia § 38.2-3516 cover?
Section 38.2-3516 ("Purpose") 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 § 38.2-3516?
A common citation format is "Code of Virginia § 38.2-3516" (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 § 38.2-3516 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.