Code of Virginia § 38.2-5110. Commission's authority regarding risk retention groups and purchasing groups.
110 words·~1 min read·
/va/title-38-2/chapter-51/38-2-5110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commission is authorized to make use of any of the powers established under Titles 12.1 and 38.2 to enforce the laws of this Commonwealth so long as those powers are not specifically preempted by the Product Liability Risk Retention Act of 1981, as amended by the Risk Retention Amendments of 1986. This includes, but is not limited to, the Commission's power to investigate, issue subpoenas, conduct depositions and hearings, issue orders, and impose penalties. The Commission shall be deemed a state court of competent jurisdiction, independent of its Bureau of Insurance, in all judicial proceedings to enforce the provisions of this chapter.
1987, c. 585; 1995, c. 843 .