Virginia § 6.2-953 - Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company
Full text of Virginia Code of Virginia § 6.2-953 — Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company, with citation guidance and answers to common questions.
§ 6.2-953. Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company
A. A benefits consortium shall not be subject to:
1. The provisions of Title 38.2 and regulations adopted thereunder, including those provisions and regulations otherwise applicable to multiple employer welfare arrangements; or
2. The tax levied on insurance companies pursuant to § 58.1-2501.
B. The sponsoring association of a benefits consortium or any of its subsidiaries shall not, by virtue of its sponsorship of the benefits consortium or the benefits plans offered through the benefits consortium, be subject to any provisions or regulations described in subdivision A 1 or any tax described in subdivision A 2.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 6.2-953
What does Code of Virginia § 6.2-953 cover?
Section 6.2-953 ("Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company") 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 § 6.2-953?
A common citation format is "Code of Virginia § 6.2-953" (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 § 6.2-953 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.