Virginia § 65.2-803 - Administrator and service company affiliation prohibited; exception
Full text of Virginia Code of Virginia § 65.2-803 — Administrator and service company affiliation prohibited; exception, with citation guidance and answers to common questions.
§ 65.2-803. Administrator and service company affiliation prohibited; exception
A. No person, firm or corporation, which is engaged as an administrator for a group self-insurance association, shall be an employee, officer or director of, or have a direct or indirect financial interest in any person, firm or corporation which is engaged in the business of providing services for a group self-insurance association as a service company.
B. No person, firm or corporation, which is engaged in the business of providing services for a group self-insurance association as a service company, shall be an employee, officer or director of, or have a direct or indirect financial interest in, any person, firm or corporation which is engaged as an administrator for a group self-insurance association.
C. For purposes of this section, the term "firm" or "corporation" shall include any officer, director, or employee of any such firm or corporation.
D. This section shall not be construed to affect any contract, or extensions or renewals thereof, for services as an administrator or service company entered into by a group self-insurance association and effective prior to January 1, 1989.
1989, c. 662, § 65.1-104.3; 1991, c. 355.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 65.2-803
What does Code of Virginia § 65.2-803 cover?
Section 65.2-803 ("Administrator and service company affiliation prohibited; exception") 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 § 65.2-803?
A common citation format is "Code of Virginia § 65.2-803" (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 § 65.2-803 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.