CODE OF VIRGINIA

EXAMINATION AUTHORITY (§ 38.2-1355)

A. A reinsurance intermediary shall be subject to examination by the Commission.
The Commission shall have reasonable access to all books, bank accounts and
records of the reinsurance intermediary in a form usable to the Commission.

B. A reinsurance intermediary manager may be examined, pursuant to Article 4 (§
38.2-1317 et seq.) of this chapter, as if it were the reinsurer. In addition,
the reinsurance intermediary shall be subject to examination pursuant to §
38.2-1809 if it or any of its officers, directors, agents, or employees is
licensed as a producer under Chapter 18 (§ 38.2-1800 et seq.) of this title.

HISTORY: 2001, c. 706.