Risk-Based Capital Act

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Chapter 55 of the Code of Virginia, titled “Risk-Based Capital Act.” It is part of Title 38.2 “Insurance”. It contains 16 laws.

It’s comprised of the following 16 sections.

§ 38.2-5500	Applicability
§ 38.2-5501	Definitions
§ 38.2-5502	RBC Reports
§ 38.2-5503	Company Action Level Event
§ 38.2-5504	Regulatory Action Level Event
§ 38.2-5505	Authorized Control Level Event
§ 38.2-5506	Mandatory Control Level Event
§ 38.2-5507	Hearings
§ 38.2-5508	Confidentiality; prohibition on announcements; prohibition on use in ratemaking
§ 38.2-5509	Supplemental provisions; rules; exemption
§ 38.2-5510	Foreign licensees
§ 38.2-5511	Immunity
§ 38.2-5512	Repealed
§ 38.2-5513	Notices
§ 38.2-5514	Phase-in provision
§ 38.2-5515	Expired