{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-1612.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-1612.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-1612.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-1612.html"}],"law_id":361502,"edition_id":2,"section_id":361502,"structure_id":51684,"section_number":"38.2-1612","catch_line":"Examination and regulation of Association by Commission; annual financial report","history":"1970, c. 766, \u00a7 38.1-769; 1986, c. 562; 1996, c. 245.","full_text":"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.\n\n","order_by":null,"text":{"0":{"id":1345532,"text":"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.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51684,"edition_id":2,"name":"Establishment and Operation of the Association","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51683,"metadata":{"child_laws":19,"child_structures":0},"date_created":"2026-08-02 02:46:23","date_modified":"2026-08-02 12:33:03","permalink":{"id":1439215,"object_type":"structure","relational_id":51684,"identifier":"1","token":"38.2\/16\/1","url":"\/38.2\/16\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51683,"edition_id":2,"name":"Virginia Property and Casualty Insurance Guaranty Association","identifier":"16","label":"chapter","depth":2,"order_by":16,"parent_id":51644,"metadata":{"child_laws":25,"child_structures":2},"date_created":"2026-08-02 02:46:23","date_modified":"2026-08-02 12:33:03","permalink":{"id":1439213,"object_type":"structure","relational_id":51683,"identifier":"16","token":"38.2\/16","url":"\/38.2\/16\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361489,"structure_id":51684,"section_number":"38.2-1600","catch_line":"Purpose","url":"\/38.2-1600\/","token":"38.2\/16\/1\/38.2-1600","metadata":false},{"id":361490,"structure_id":51684,"section_number":"38.2-1601","catch_line":"Application","url":"\/38.2-1601\/","token":"38.2\/16\/1\/38.2-1601","metadata":false},{"id":361491,"structure_id":51684,"section_number":"38.2-1602","catch_line":"Liberal construction","url":"\/38.2-1602\/","token":"38.2\/16\/1\/38.2-1602","metadata":false},{"id":361492,"structure_id":51684,"section_number":"38.2-1603","catch_line":"Definitions","url":"\/38.2-1603\/","token":"38.2\/16\/1\/38.2-1603","metadata":false},{"id":361493,"structure_id":51684,"section_number":"38.2-1604","catch_line":"Association created; members; divided into three accounts","url":"\/38.2-1604\/","token":"38.2\/16\/1\/38.2-1604","metadata":false},{"id":361494,"structure_id":51684,"section_number":"38.2-1605","catch_line":"Board of directors","url":"\/38.2-1605\/","token":"38.2\/16\/1\/38.2-1605","metadata":false},{"id":361495,"structure_id":51684,"section_number":"38.2-1606","catch_line":"Duties and powers of Association","url":"\/38.2-1606\/","token":"38.2\/16\/1\/38.2-1606","metadata":{"court_decisions":{"0":{"name":"Miller v. Potomac Hospital Foundation","case_number":"0751072","citation":"653 S.E.2d 592","date":"2007-12-11","url":"https:\/\/www.courtlistener.com\/opinion\/1062910\/miller-v-potomac-hospital-foundation\/","abstract":" .\u202f.\u202f. 653 S.E.2d 592 (2007) .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"1":{"name":"Franklin Mortgage Corp. v. Walker","case_number":"Record No. 0725-86-4","citation":"367 S.E.2d 191","date":"1988-04-05","url":"https:\/\/www.courtlistener.com\/opinion\/1225849\/franklin-mortgage-corp-v-walker\/","abstract":" .\u202f.\u202f. Opinion .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"2":{"name":"RB&F Coal, Incorporated v. Deloris Mullins","case_number":"15-1656","citation":"842 F.3d 279","date":"2016-11-18","url":"https:\/\/www.courtlistener.com\/opinion\/4322787\/rbf-coal-incorporated-v-deloris-mullins\/","abstract":" .\u202f.\u202f. Affirmed by published opinion. Judge FLOYD wrote the opinion, in which Judge WILKINSON and Judge .\u202f.\u202f. ","court_html":"Court of Appeals for the Fourth Circuit"},"3":{"name":" .\u202f.\u202f. Boyd & Stevenson Coal Co. v. Director, Office of Workers' .\u202f.\u202f. ","case_number":"02-1088","citation":"407 F.3d 663","date":"2005-07-21","url":"https:\/\/www.courtlistener.com\/opinion\/2968172\/boyd-stevenson-coal-co-v-director-office-of-workers-compensation\/","abstract":" .\u202f.\u202f. Vacated and remanded with instructions by published opinion. Judge WIDENER wrote the opinion, in .\u202f.\u202f. ","court_html":"Court of Appeals for the Fourth Circuit"},"4":{"name":" .\u202f.\u202f. Boyd And Stevenson Coal Company v. Director, Office Of .\u202f.\u202f. ","case_number":"02-1088","citation":"407 F.3d 663","date":"2005-07-21","url":"https:\/\/www.courtlistener.com\/opinion\/790203\/boyd-and-stevenson-coal-company-v-director-office-of-workers\/","abstract":" .\u202f.\u202f. 407 F.3d 663 .\u202f.\u202f. ","court_html":"Court of Appeals for the Fourth Circuit"},"5":{"name":"Uninsured Employer's Fund v. Mounts","case_number":"2116963","citation":"484 S.E.2d 140","date":"1997-04-22","url":"https:\/\/www.courtlistener.com\/opinion\/1067492\/uninsured-employers-fund-v-mounts\/","abstract":" .\u202f.\u202f. 484 S.E.2d 140 (1997) .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"6":{"name":"Uninsured Employer's Fund v. Mounts","case_number":"Record 971074","citation":"497 S.E.2d 464","date":"1998-02-27","url":"https:\/\/www.courtlistener.com\/opinion\/1059926\/uninsured-employers-fund-v-mounts\/","abstract":" .\u202f.\u202f. 497 S.E.2d 464 (1998) .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"7":{"name":" .\u202f.\u202f. Northland Insurance v. Virginia Property & Casualty .\u202f.\u202f. ","case_number":"Record No. 891388","citation":"240 Va. 115","date":"1990-06-08","url":"https:\/\/www.courtlistener.com\/opinion\/6929590\/northland-insurance-v-virginia-property-casualty-insurance-guaranty\/","abstract":" .\u202f.\u202f. JUSTICE WHITING .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"8":{"name":"Northland Ins. v. Va. Prop. & Cas. Ins.","case_number":"Record No. 891388","citation":"392 S.E.2d 682","date":"1990-06-08","url":"https:\/\/www.courtlistener.com\/opinion\/1303366\/northland-ins-v-va-prop-cas-ins\/","abstract":" .\u202f.\u202f. 392 S.E.2d 682 (1990) .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"9":{"name":"Uninsured Employer's Fund v. Flanary","case_number":"1521973","citation":"497 S.E.2d 912","date":"1998-04-21","url":"https:\/\/www.courtlistener.com\/opinion\/1066923\/uninsured-employers-fund-v-flanary\/","abstract":" .\u202f.\u202f. 497 S.E.2d 912 (1998) .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"}}}},{"id":361496,"structure_id":51684,"section_number":"38.2-1607","catch_line":"Plan of operation","url":"\/38.2-1607\/","token":"38.2\/16\/1\/38.2-1607","metadata":{"court_decisions":""}},{"id":361497,"structure_id":51684,"section_number":"38.2-1608","catch_line":"Duties and powers of Commission; judicial review","url":"\/38.2-1608\/","token":"38.2\/16\/1\/38.2-1608","metadata":{"court_decisions":""}},{"id":361498,"structure_id":51684,"section_number":"38.2-1609","catch_line":"Insured's rights and liabilities; settlements binding on receiver or liquidator; priority of claims; statements to be filed with receiver or liquidator","url":"\/38.2-1609\/","token":"38.2\/16\/1\/38.2-1609","metadata":{"court_decisions":""}},{"id":361499,"structure_id":51684,"section_number":"38.2-1610","catch_line":"Exhaustion of remedies under policy; claims recoverable from more than one association","url":"\/38.2-1610\/","token":"38.2\/16\/1\/38.2-1610","metadata":{"court_decisions":{"0":{"name":"Uninsured Employer's Fund v. Flanary","case_number":"1521973","citation":"497 S.E.2d 912","date":"1998-04-21","url":"https:\/\/www.courtlistener.com\/opinion\/1066923\/uninsured-employers-fund-v-flanary\/","abstract":" .\u202f.\u202f. 497 S.E.2d 912 (1998) .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"1":{"name":" .\u202f.\u202f. Northland Insurance v. Virginia Property & Casualty .\u202f.\u202f. ","case_number":"Record No. 891388","citation":"240 Va. 115","date":"1990-06-08","url":"https:\/\/www.courtlistener.com\/opinion\/6929590\/northland-insurance-v-virginia-property-casualty-insurance-guaranty\/","abstract":" .\u202f.\u202f. JUSTICE WHITING .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"2":{"name":"Northland Ins. v. Va. Prop. & Cas. Ins.","case_number":"Record No. 891388","citation":"392 S.E.2d 682","date":"1990-06-08","url":"https:\/\/www.courtlistener.com\/opinion\/1303366\/northland-ins-v-va-prop-cas-ins\/","abstract":" .\u202f.\u202f. 392 S.E.2d 682 (1990) .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"}}}},{"id":361501,"structure_id":51684,"section_number":"38.2-1611","catch_line":"Aids in detection and prevention of insurer insolvencies","url":"\/38.2-1611\/","token":"38.2\/16\/1\/38.2-1611","metadata":{"court_decisions":""}},{"id":361500,"structure_id":51684,"section_number":"38.2-1611.1","catch_line":"Tax write-offs of certificates of contribution","url":"\/38.2-1611.1\/","token":"38.2\/16\/1\/38.2-1611.1","metadata":false},{"id":361502,"structure_id":51684,"section_number":"38.2-1612","catch_line":"Examination and regulation of Association by Commission; annual financial report","url":"\/38.2-1612\/","token":"38.2\/16\/1\/38.2-1612","metadata":false},{"id":361503,"structure_id":51684,"section_number":"38.2-1613","catch_line":"Exemption from payment of fees and taxes","url":"\/38.2-1613\/","token":"38.2\/16\/1\/38.2-1613","metadata":{"court_decisions":""}},{"id":361504,"structure_id":51684,"section_number":"38.2-1614","catch_line":"Repealed","url":"\/38.2-1614\/","token":"38.2\/16\/1\/38.2-1614","metadata":false},{"id":361505,"structure_id":51684,"section_number":"38.2-1615","catch_line":"No liability for action taken in good faith","url":"\/38.2-1615\/","token":"38.2\/16\/1\/38.2-1615","metadata":false},{"id":361506,"structure_id":51684,"section_number":"38.2-1616","catch_line":"Stay of proceedings against insolvent insurer; setting aside judgment, etc.; access to records","url":"\/38.2-1616\/","token":"38.2\/16\/1\/38.2-1616","metadata":{"court_decisions":""}},{"id":361507,"structure_id":51684,"section_number":"38.2-1617","catch_line":"Termination of operation of Association; expiration of chapter","url":"\/38.2-1617\/","token":"38.2\/16\/1\/38.2-1617","metadata":false}],"previous_section":{"id":361500,"structure_id":51684,"section_number":"38.2-1611.1","catch_line":"Tax write-offs of certificates of contribution","url":"\/38.2-1611.1\/","token":"38.2\/16\/1\/38.2-1611.1","metadata":false},"next_section":{"id":361503,"structure_id":51684,"section_number":"38.2-1613","catch_line":"Exemption from payment of fees and taxes","url":"\/38.2-1613\/","token":"38.2\/16\/1\/38.2-1613","metadata":{"court_decisions":""}},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1612\/","history_text":"<p>This law was first created in 1970. The record of its establishment is cataloged in chapter 766 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1970 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1986, chapter 562; in 1996, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?961+ful+CHAP0245\">245<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1439269,"object_type":"law","relational_id":361502,"identifier":"38.2-1612","token":"38.2\/16\/1\/38.2-1612","url":"\/38.2-1612\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-1612\/","token":"38.2\/16\/1\/38.2-1612","dublin_core":{"Title":"Examination and regulation of Association by Commission; annual financial report","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1612","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Association<\/span> shall be subject to examination and regulation by the <span class=\"dictionary\">Commission<\/span>. 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 <span class=\"dictionary\">Commission<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXAMINATION AND REGULATION OF ASSOCIATION BY COMMISSION; ANNUAL FINANCIAL REPORT\n(\u00a7 38.2-1612)\n\nThe Association shall be subject to examination and regulation by the\nCommission. The board of directors shall submit, not later than May 1 of each\nyear, a financial report for the preceding calendar year in a form approved by\nthe Commission.\n\nHISTORY: 1970, c. 766, \u00a7 38.1-769; 1986, c. 562; 1996, c. 245.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}