Code of Virginia § 38.2-1384. Assessment against insurers whose policies are valued.
70 words·~1 min read·
/va/title-38-2/chapter-13/38-2-1384·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commission is hereby authorized to assess against every insurer whose policies are valued a sum equal to the cost of valuation, which shall be collected by the Commission and paid directly into the state treasury and credited to the "Bureau of Insurance Special Fund -- State Corporation Commission" for the maintenance of the Bureau of Insurance as provided in subsection B of § 38.2-400 .
2014, c. 571 .