<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>361502</law_id><section_number>38.2-1612</section_number><catch_line>Examination and regulation of Association by Commission; annual financial report</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="88" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="16" identifier="16">Virginia Property and Casualty Insurance Guaranty Association</unit><unit label="article" level="3" order_by="1" identifier="1">Establishment and Operation of the Association</unit></structure><text>
						<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></text><history>1970, c. 766, &#xA7; 38.1-769; 1986, c. 562; 1996, c. 245.</history><metadata></metadata></law>
