# Va. Code Ann. § 38.2-1328: Exemption

> Virginia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1328

## Section

- **Citation:** Va. Code Ann. § 38.2-1328
- **Heading:** Exemption
- **Jurisdiction:** Virginia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Code / Title 38.2 / Chapter 13 / Article 5 / Section 38.2-1328

## Text

The provisions of §§ 38.2-1323 through 38.2-1327 shall not apply to any acquisition that the Commission, by order, exempts from those sections. Acquisitions granted exemption shall include those which (i) have not been made or entered into for the purpose of and do not have the effect of changing or influencing the control of a domestic insurer, or (ii) otherwise are not comprehended within these sections.

1977, c. 414, § 38.1-178.1:7; 1986, c. 562.

## Nearby sections

- [Va. Code Ann. § 38.2-1322 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1322.md)
- [Va. Code Ann. § 38.2-1323 Acquisition of control of insurers](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1323.md)
- [Va. Code Ann. § 38.2-1324 Contents of application](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1324.md)
- [Va. Code Ann. § 38.2-1325 Alternate filing materials](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1325.md)
- [Va. Code Ann. § 38.2-1326 Approval by Commission](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1326.md)
- [Va. Code Ann. § 38.2-1327 Time for hearing; order of Commission](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1327.md)
- [Va. Code Ann. § 38.2-1328 Exemption](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1328.md)
- [Va. Code Ann. § 38.2-1329 Registration of insurers that are members of holding company system](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1329.md)
- [Va. Code Ann. § 38.2-1330 Standards for transactions within an insurance holding company system; adequacy of surplus](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1330.md)
- [Va. Code Ann. § 38.2-1330.1 Dividends and other distributions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1330.1.md)
- [Va. Code Ann. § 38.2-1331 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1331.md)
- [Va. Code Ann. § 38.2-1332 Examinations](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1332.md)
- [Va. Code Ann. § 38.2-1332.1 Supervisory colleges](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1332.1.md)
- [Va. Code Ann. § 38.2-1332.2 Group-wide supervision of internationally active insurance groups](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1332.2.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1328. Check the current official text before relying on it. Not legal advice.