Virginia Law

Code of Virginia

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Code of Virginia
Title 38.2. Insurance
Chapter 27. Basic Property Insurance Residual Market Facility and Joint Underwriting Association
9/15/2024

§ 38.2-2707. When Commission may order implementation of §§ 38.2-2708 and 38.2-2709.

If the Commission finds, after a reasonable period of time, that the residual market facility established by § 38.2-2702 is not creating a market that meets the purposes of this chapter, the Commission may order the implementation of §§ 38.2-2708 and 38.2-2709.

1968, c. 559, § 38.1-749; 1973, c. 451; 1986, c. 562.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.