Virginia § 58.1-2529 - Other provisions of this chapter not affected by this article; insurance companies going out of business

Full text of Virginia Code of Virginia § 58.1-2529 — Other provisions of this chapter not affected by this article; insurance companies going out of business, with citation guidance and answers to common questions.

§ 58.1-2529. Other provisions of this chapter not affected by this article; insurance companies going out of business

Nothing in this article shall be construed as affecting other provisions of this chapter except to the extent required to give this article full effect. If an insurance company goes out of business or ceases to be an insurance company in this Commonwealth in any taxable or license year, such an event shall not relieve the company of the payment of the tax measured by direct gross premium income for the period in which the company operated as an insurance company and received or derived direct gross premium income from business in this Commonwealth.

Code 1950, § 58-502.7; 1968, c. 13; 1984, c. 675.

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

Frequently Asked Questions About Virginia § 58.1-2529

What does Code of Virginia § 58.1-2529 cover?

Section 58.1-2529 ("Other provisions of this chapter not affected by this article; insurance companies going out of business") 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 § 58.1-2529?

A common citation format is "Code of Virginia § 58.1-2529" (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 § 58.1-2529 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.