Virginia Code 38.2-1612: Examination and regulation of Association by Commission; annual financial report.
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The Association shall be subject to examination and regulation by the Commission. The board of directors shall submit, not later than May 1 of each year, a financial report for the preceding calendar year in a form approved by the Commission.
Terms Used In Virginia Code 38.2-1612
- Association: means the Virginia Property and Casualty Insurance Guaranty Association created under § Virginia Code 38.2-1603
- Commission: means the State Corporation Commission. See Virginia Code 38.2-100
1970, c. 766, § 38.1-769; 1986, c. 562; 1996, c. 245.