The General Assembly hereby finds and determines that insurance protection is essential to the proper functioning of political subdivisions; that the resources of political subdivisions are burdened by the high cost of and frequent inability to secure such protection through standard carriers; that proper risk management requires the spreading of risk so as to minimize fluctuation in insurance needs; and that, therefore, all contributions of financial and administrative resources made by a political subdivision pursuant to an intergovernmental contract as authorized by this chapter are made for a public and governmental purpose, and that such contributions benefit each contributing political subdivision.
1986, cc. 520, 556, § 15.1-503.4:1; 1997, c. 587.
Notes of Decisions
Frederick Cnty. Sch. Bd. v. Hannah, 590 S.E.2d 567 (Va. 2004).
· cites it 4× “That intent is expressed in Code § 15.2-2700 as follows: The General Assembly hereby finds and determines that insurance protection is essential to the proper functioning of political subdivisions; that the resources of political subdivisions are burdened by the high cost of and…”
Simpson v. Virginia Mun. Liab. Pool, 692 S.E.2d 244 (Va. 2010).
· cites it 2× “VMLP is a group self-insurance pool, created pursuant to statute, Code §§ 15.2-2700 et seq., that provides coverage for vehicles owned by Nottoway County and other public bodies.”
Johnson v. Virginia Mun. Liab. Pool, 73 Va. Cir. 138 (Richmond County Cir. Ct. 2007).
· cites it 4× “” Va. Code § 15.2-2700. Further in the chapter, the General Assembly in § 15.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.