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2020 SESSION
Be it enacted by the General Assembly of Virginia:
1. That § 38.2-2521 of the Code of Virginia is amended and reenacted as follows:
§ 38.2-2521. Notice of assessment; how given.
After an assessment is made, the insurer shall give every
member subject to the assessment written notice stating the amount of the
member's assessment and the date when payment is due. Except where the
provisions of the bylaws or the policy provide otherwise, the time of payment
shall be at least thirty days and no more than sixty days from the service of
the notice. That notice may be served personally or, by mail,
or by electronic delivery pursuant to § 38.2-325. If mailed, the notice
shall be deposited with the United States Postal Service and addressed to the
member at his residence or place of business as shown on the company records.