Va. Code § 38.2-6406

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-6406 - GAP waivers not insurance

GAP waivers governed under this chapter are not insurance and are exempt from the insurance laws of the Commonwealth. Persons marketing, soliciting, negotiating, selling, or offering to sell GAP waivers that comply with this chapter are exempt from the Commonwealth's licensing requirements.

2019, cc. 799, 800.

Added by Acts 2019 c. 800, § 1, eff. 7/1/2019.

Added by Acts 2019 c. 799, § 1, eff. 7/1/2019.