Va. Code § 38.2-500

Current with changes from the 2024 Legislative Session through ch. 778

Section 38.2-500 - Declaration of purpose

The purpose of this chapter is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the McCarran-Ferguson Act, 15 U.S.C. §§ 1011 through 1015, by defining and prohibiting all practices in this Commonwealth that constitute unfair methods of competition or unfair or deceptive acts or practices.

Va. Code § 38.2-500

1952, c. 317, § 38.1-49; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1952, § c. 317, §38.1-49.