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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 385. Rules Governing Aboveground Storage Tank and Pipeline Operators Group Self-Insurance Pools
11/21/2024

14VAC5-385-10. 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 §§ 62.1-44.34:12 and 62.1-44.34:16 of the Code of Virginia. The pools are to assist operators of facilities 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

§§ 12.1-13, 38.2-223, and 62.1-44.34:12 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 19, Issue 2, eff. October 1, 2002.

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