Administrative Code

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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau Of Insurance
Chapter 380. Rules Governing Underground Storage Tank Owners and Operators Group Self-Insurance Pools

14VAC5-380-10. Purpose.

The purpose of this chapter is to set forth rules, forms and procedural requirements that the Commission deems necessary for the approval and monitoring of pools created pursuant to Underground Storage Tank Owners and Operators Group Self-Insurance Pools, § 62.1-44.34:12 of the Code of Virginia. The pools are to assist owners and operators of underground storage tanks in establishing proof of financial responsibility in connection with the Virginia Petroleum Storage Tank Fund (§ 62.1-44.34:11 of the Code of Virginia).

Statutory Authority

§ 62.1-44.34:12 of the Code of Virginia.

Historical Notes

Derived from Regulation 33, Case No. INS890261, § 2, eff. September 1, 1989.

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