Virginia Code
Va. Code Ann. § 46.2-710 (2026)
Disposition of funds collected
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From every noncompliance fee collected by the Commissioner under the provisions of this article, the Commissioner shall retain $100 to be placed in a special fund in the state treasury to be used to meet the expenses of the Department. All other funds collected by the Commissioner under the provisions of this article shall be paid into the state treasury and held in a special fund to be known as the Uninsured Motorists Fund to be disbursed as provided by law. The Commissioner may expend moneys from such funds, for the administration of this article, in accordance with the general appropriation act.
1958, c. 407, § 46.1-167.6; 1989, c. 727; 2019, cc. 149, 193.
Notes of Decisions
Cited in 2
cases, 2004–2004 · leading case: Vasaio v. Dep't of Motor Vehs., 590 S.E.2d 596 (Va. Ct. App. 2004).
Vasaio v. Dep't of Motor Vehs., 590 S.E.2d 596 (Va. Ct. App. 2004). “Code § 46.2-706. This fee supports a fund that is distributed among insurance companies providing automobile insurance in the Commonwealth.”
Edward A. Vasaio v. Dept. Motor Vehs.,Commonweal, No. 0707032 (Va. Ct. App. Jan. 13, 2004). “2-3000, -3001; Code § 46.2-710. The fund helps protect the general public “by reducing the overall cost of uninsured motorist insurance coverage” required to be included with every automobile liability insurance policy issued in the Commonwealth.”
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