Virginia § 38.2-5107 - Insurers; exemptions from certain laws relating to the group purchase of insurance

Full text of Virginia Code of Virginia § 38.2-5107 — Insurers; exemptions from certain laws relating to the group purchase of insurance, with citation guidance and answers to common questions.

§ 38.2-5107. Insurers; exemptions from certain laws relating to the group purchase of insurance

A. An insurer shall be exempt from any law of this Commonwealth which prohibits providing, or offering to provide, to a purchasing group or its members advantages based on their loss and expense experience not afforded to other persons with respect to rates, policy forms, coverages, or other matters.

B. Any insurer who transacts the business of insurance in this Commonwealth with a purchasing group or its members shall comply with the provisions of § 38.2-1024 and all other statutes in Title 38.2 which are applicable to licensed insurers, unless the insurer has received prior approval of the Commission to issue surplus lines insurance pursuant to Chapter 48 of this title.

1987, c. 585.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 38.2-5107

What does Code of Virginia § 38.2-5107 cover?

Section 38.2-5107 ("Insurers; exemptions from certain laws relating to the group purchase of insurance") 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 § 38.2-5107?

A common citation format is "Code of Virginia § 38.2-5107" (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 § 38.2-5107 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.