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2002 SESSION

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CHAPTER 629 An Act to amend the Code of Virginia by adding in Chapter 22 of Title 38.2 a section numbered 38.2-2233, relating to motor vehicle insurance; installment payments. [S 678] Approved April 6, 2002

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Chapter 22 of Title 38.2 a section numbered 38.2-2233 as follows:

§ 38.2-2233. Installment payments of motor vehicle insurance.

Whenever an insurer who accepts payments of insurance in installments and has a set date for the payment of an installment unilaterally changes the due date for such installment payment, the insurer shall conspicuously disclose the new due date for the installment payment. This section shall apply to all policies of motor vehicle insurance, as defined in § 38.2-2212, issued or renewed on or after October 1, 2002.