State Codes and Statutes
Statutes > Virginia > Title-15-2 > Chapter-53 > 15-2-5340-2§ 15.2-5340.2. Insurance.
An authority shall have the power to procure such insurance, participate insuch insurance plans or provide such self-insurance, or any combinationthereof, as it deems necessary or convenient to carry out the purposes andprovisions of this chapter. The purchase of insurance, participation in aninsurance plan, or creation of a self-insurance plan by an authority shallnot be deemed a waiver or relinquishment of any sovereign immunity to whichthe authority or its commissioners, members, officers, directors, employees,or agents are otherwise entitled.
(2006, c. 658.)
