Virginia § 38.2-3603 - Same; minimum return for individual policies
Full text of Virginia Code of Virginia § 38.2-3603 — Same; minimum return for individual policies, with citation guidance and answers to common questions.
§ 38.2-3603. Same; minimum return for individual policies
Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.
1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120.
Frequently Asked Questions About Virginia § 38.2-3603
What does Code of Virginia § 38.2-3603 cover?
Section 38.2-3603 ("Same; minimum return for individual policies") 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 § 38.2-3603?
A common citation format is "Code of Virginia § 38.2-3603" (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 § 38.2-3603 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.