STATE STATUTES & CODES
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VIRGINIA STATUTES AND CODES
Chapter 15 - Rehabilitation and Liquidation of Insurers (38.2-1500 thru 38.2-1521)
- 38.2-1500 - Scope of chapter.
- 38.2-1501 - Definitions.
- 38.2-1502 - Jurisdiction and procedure.
- 38.2-1503 - Grounds for delinquency proceedings commenced by Commission against domestic insurer.
- 38.2-1504 - Requirements when proceedings instituted by any person other than Commission.
- 38.2-1505 - Commission may apply for receiver and for other relief; what orders court may enter.
- 38.2-1506 - Requirements when receiver appointed; disbursement of available assets to association, etc.
- 38.2-1507 - Further procedure; injunction may be issued.
- 38.2-1508 - Powers of Commission when authorized to rehabilitate or liquidate companies.
- 38.2-1509 - Powers of Commission when authorized to rehabilitate or liquidate insurers by court order; disbursement of available assets to an association, etc.
- 38.2-1510 - Commission may appoint assistants in connection with rehabilitation or liquidation.
- 38.2-1511 - Borrowing on pledge of assets.
- 38.2-1512 - Rights and liabilities fixed upon liquidation.
- 38.2-1513 - Voidable transfers.
- 38.2-1514 - Priority of claims for wages.
- 38.2-1515 - Mutual debts or credits, how treated.
- 38.2-1516 - Receivers to file reports, etc., with Commission.
- 38.2-1517 - What included in annual report of Commission.
- 38.2-1518 - Rehabilitation or mutualization of companies.
- 38.2-1519 - Termination of rehabilitation; when liquidation may be entered.
- 38.2-1520 - Liquidation of alien insurers.
- 38.2-1521 - Conservation of assets of foreign or alien insurer; when liquidation may be entered.
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