{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-1320.3.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-1320.3.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-1320.3.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-1320.3.html"}],"law_id":65066,"edition_id":1,"section_id":65066,"structure_id":16073,"section_number":"38.2-1320.3","catch_line":"Examination reports; orders and procedures","history":"1992, c. 588.","full_text":"A\n\nA certified copy of the examination report filed pursuant to subdivision 1 of § 38.2-1320.2 shall be served upon the company by certified mail. Within thirty days of the filing of the report, the company shall file affidavits executed by each of its directors stating under oath that they have received a copy of the filed report and any related orders.B\n\nIf the examination report reveals that the company is operating in violation of any law, regulation or prior order of the Commission, the Commission may order the company to take any action the Commission considers necessary and appropriate to cure such violation.C\n\nAny hearing conducted by the Commission under subdivision 2 of § 38.2-1320.1 or subdivision 3 of § 38.2-1320.2 shall be conducted as a nonadversarial confidential investigatory proceeding as necessary for the resolution of any inconsistencies, discrepancies or disputed issues apparent upon the face of the examination report or raised by or as a result of the Commission’s review of relevant workpapers or by the written submission of the company.","order_by":null,"text":{"0":{"id":236824,"text":"A certified copy of the examination report filed pursuant to subdivision 1 of § 38.2-1320.2 shall be served upon the company by certified mail. Within thirty days of the filing of the report, the company shall file affidavits executed by each of its directors stating under oath that they have received a copy of the filed report and any related orders.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":236825,"text":"If the examination report reveals that the company is operating in violation of any law, regulation or prior order of the Commission, the Commission may order the company to take any action the Commission considers necessary and appropriate to cure such violation.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":236826,"text":"Any hearing conducted by the Commission under subdivision 2 of § 38.2-1320.1 or subdivision 3 of § 38.2-1320.2 shall be conducted as a nonadversarial confidential investigatory proceeding as necessary for the resolution of any inconsistencies, discrepancies or disputed issues apparent upon the face of the examination report or raised by or as a result of the Commission’s review of relevant workpapers or by the written submission of the company.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":16073,"edition_id":1,"name":"Examinations","identifier":"4","label":"article","depth":3,"order_by":1,"parent_id":13289,"metadata":{},"date_created":"2026-06-26 04:05:04","date_modified":"2026-06-26 04:05:04","permalink":{"id":211555,"object_type":"structure","relational_id":16073,"identifier":"4","token":"38.2\/13\/4","url":"\/38.2\/13\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13289,"edition_id":1,"name":"Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents","identifier":"13","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:35","date_modified":"2026-06-26 03:44:35","permalink":{"id":211347,"object_type":"structure","relational_id":13289,"identifier":"13","token":"38.2\/13","url":"\/38.2\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85909,"structure_id":16073,"section_number":"38.2-1317","catch_line":"Examinations; when authorized or required","url":"\/38.2-1317\/","token":"38.2\/13\/4\/38.2-1317","metadata":false},{"id":63152,"structure_id":16073,"section_number":"38.2-1317.1","catch_line":"Examinations; nature and scope","url":"\/38.2-1317.1\/","token":"38.2\/13\/4\/38.2-1317.1","metadata":false},{"id":80808,"structure_id":16073,"section_number":"38.2-1317.2","catch_line":"Market analyses confidential","url":"\/38.2-1317.2\/","token":"38.2\/13\/4\/38.2-1317.2","metadata":false},{"id":63265,"structure_id":16073,"section_number":"38.2-1318","catch_line":"Examinations; how conducted","url":"\/38.2-1318\/","token":"38.2\/13\/4\/38.2-1318","metadata":false},{"id":85621,"structure_id":16073,"section_number":"38.2-1319","catch_line":"Expense of examination","url":"\/38.2-1319\/","token":"38.2\/13\/4\/38.2-1319","metadata":false},{"id":67209,"structure_id":16073,"section_number":"38.2-1320","catch_line":"Examination reports; general description","url":"\/38.2-1320\/","token":"38.2\/13\/4\/38.2-1320","metadata":false},{"id":84198,"structure_id":16073,"section_number":"38.2-1320.1","catch_line":"Submission of examination report","url":"\/38.2-1320.1\/","token":"38.2\/13\/4\/38.2-1320.1","metadata":false},{"id":65907,"structure_id":16073,"section_number":"38.2-1320.2","catch_line":"Filing of report on examination","url":"\/38.2-1320.2\/","token":"38.2\/13\/4\/38.2-1320.2","metadata":false},{"id":65066,"structure_id":16073,"section_number":"38.2-1320.3","catch_line":"Examination reports; orders and procedures","url":"\/38.2-1320.3\/","token":"38.2\/13\/4\/38.2-1320.3","metadata":false},{"id":85364,"structure_id":16073,"section_number":"38.2-1320.4","catch_line":"Publication and use of examination reports","url":"\/38.2-1320.4\/","token":"38.2\/13\/4\/38.2-1320.4","metadata":false},{"id":84628,"structure_id":16073,"section_number":"38.2-1320.5","catch_line":"Confidentiality of ancillary information","url":"\/38.2-1320.5\/","token":"38.2\/13\/4\/38.2-1320.5","metadata":false},{"id":63659,"structure_id":16073,"section_number":"38.2-1321","catch_line":"Records of examination preserved","url":"\/38.2-1321\/","token":"38.2\/13\/4\/38.2-1321","metadata":false},{"id":66222,"structure_id":16073,"section_number":"38.2-1321.1","catch_line":"Immunity from liability","url":"\/38.2-1321.1\/","token":"38.2\/13\/4\/38.2-1321.1","metadata":false}],"previous_section":{"id":65907,"structure_id":16073,"section_number":"38.2-1320.2","catch_line":"Filing of report on examination","url":"\/38.2-1320.2\/","token":"38.2\/13\/4\/38.2-1320.2","metadata":false},"next_section":{"id":85364,"structure_id":16073,"section_number":"38.2-1320.4","catch_line":"Publication and use of examination reports","url":"\/38.2-1320.4\/","token":"38.2\/13\/4\/38.2-1320.4","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1320.3\/","history_text":"

This law was first created in 1992. The record of its establishment is cataloged in chapter 588 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1992 \u201cActs\u201d aren\u2019t available online.<\/p>","references":[{"id":85364,"section_number":"38.2-1320.4","catch_line":"Publication and use of examination reports","order_by":null,"url":"\/38.2-1320.4\/"}],"refers_to":[{"id":84198,"section_number":"38.2-1320.1","catch_line":"Submission of examination report","order_by":null,"url":"\/38.2-1320.1\/"},{"id":65907,"section_number":"38.2-1320.2","catch_line":"Filing of report on examination","order_by":null,"url":"\/38.2-1320.2\/"}],"permalink":{"id":211589,"object_type":"law","relational_id":65066,"identifier":"38.2-1320.3","token":"38.2\/13\/4\/38.2-1320.3","url":"\/38.2-1320.3\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-1320.3\/","token":"38.2\/13\/4\/38.2-1320.3","dublin_core":{"Title":"Examination reports; orders and procedures","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1320.3","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A certified copy of the examination report filed pursuant to subdivision 1 of § 38.2-1320.2<\/a> shall be served upon the company<\/span> by certified mail. Within thirty days of the filing of the report, the company<\/span> shall file affidavits<\/span> executed by each of its directors stating under oath<\/span> that they have received a copy of the filed report and any related orders<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the examination report reveals that the company<\/span> is operating in violation of any law<\/span>, regulation or prior order<\/span> of the Commission<\/span>, the Commission<\/span> may order<\/span> the company<\/span> to take any action the Commission<\/span> considers necessary and appropriate to cure such violation. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Any hearing<\/span> conducted by the Commission<\/span> under subdivision 2 of § 38.2-1320.1<\/a> or subdivision 3 of § 38.2-1320.2<\/a> shall be conducted as a nonadversarial confidential investigatory proceeding as necessary for the resolution of any inconsistencies, discrepancies or disputed issues<\/span> apparent upon the face of the examination report or raised by or as a result of the Commission<\/span>’s review of relevant workpapers or by the written submission of the company<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXAMINATION REPORTS; ORDERS AND PROCEDURES (\u00a7 38.2-1320.3)\n\nA. A certified copy of the examination report filed pursuant to subdivision 1 of\n§ 38.2-1320.2 shall be served upon the company by certified mail. Within\nthirty days of the filing of the report, the company shall file affidavits\nexecuted by each of its directors stating under oath that they have received a\ncopy of the filed report and any related orders.\n\nB. If the examination report reveals that the company is operating in violation\nof any law, regulation or prior order of the Commission, the Commission may\norder the company to take any action the Commission considers necessary and\nappropriate to cure such violation.\n\nC. Any hearing conducted by the Commission under subdivision 2 of §\n38.2-1320.1 or subdivision 3 of § 38.2-1320.2 shall be conducted as a\nnonadversarial confidential investigatory proceeding as necessary for the\nresolution of any inconsistencies, discrepancies or disputed issues apparent\nupon the face of the examination report or raised by or as a result of the\nCommission’s review of relevant workpapers or by the written submission of\nthe company.\n\nHISTORY: 1992, c. 588.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}