Virginia § 38.2-3732 - Insurer delegation of duties
Full text of Virginia Code of Virginia § 38.2-3732 — Insurer delegation of duties, with citation guidance and answers to common questions.
§ 38.2-3732. Insurer delegation of duties
Any insurer that delegates to a creditor any of its duties under the laws of this Commonwealth or the regulations of this Commission shall be responsible to see that such creditor discharges such duties in accordance with said laws and regulations. A finding by the Commission that either the insurer or its delegee has failed to comply with such requirements shall subject the insurer and creditor to any and all disciplinary actions authorized under this title. Such responsibility shall include but not be limited to a determination that:
1. Proper insurance rates are being charged by the creditor;
2. Proper refunds are being made;
3. Claims are being filed and properly handled;
4. Amounts of insurance payable on death in excess of the amounts necessary to discharge indebtedness are properly distributed; and
5. The creditor is promptly and fairly processing complaints concerning its credit insurance operations and is maintaining proper procedures for and records of complaints processed.
1992, c. 586.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 38.2-3732
What does Code of Virginia § 38.2-3732 cover?
Section 38.2-3732 ("Insurer delegation of duties") 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 § 38.2-3732?
A common citation format is "Code of Virginia § 38.2-3732" (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 § 38.2-3732 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.