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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>65907</law_id><section_number>38.2-1320.2</section_number><catch_line>Filing of report on examination</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-1320.3</reference><reference>38.2-1320.4</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="13">Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents</unit><unit label="article" level="3" order_by="1" identifier="4">Examinations</unit></structure><text>
						<section><p>Within thirty days of the end of the period allowed for the receipt of written submissions, the <span class="dictionary">Commission</span> shall fully consider and review the report, together with any written submissions and any relevant portions of the examiner&#x2019;s workpapers and act upon the report by:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> Certifying that the examination report as initially provided to the <span class="dictionary">person</span> examined, or with modifications or corrections, is the <span class="dictionary">Commission</span>&#x2019;s true examination report and filing such report in the offices of the <span class="dictionary">Commission</span>; <a id="paragraph-239507" class="section-permalink" href="https://vacode.org/38.2-1320.2/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> Rejecting the examination report with notice to the <span class="dictionary">person</span> examined that the <span class="dictionary">Commission</span>&#x2019;s examiners are being directed to reopen the examination for purposes of obtaining additional data, documentation or information, and resubmission pursuant to &#xA7; <a class="law" title="Submission of examination report" href="/38.2-1320.1/">38.2-1320.1</a>; or <a id="paragraph-239508" class="section-permalink" href="https://vacode.org/38.2-1320.2/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> Calling for an investigatory <span class="dictionary">hearing</span> before the <span class="dictionary">Commission</span> with no less than ten days&#x2019; notice to the <span class="dictionary">company</span> for purposes of obtaining additional documentation, data, information and <span class="dictionary">testimony</span>. <a id="paragraph-239509" class="section-permalink" href="https://vacode.org/38.2-1320.2/#3"><i class="fa fa-link"/></a></p></section></text><history>1992, c. 588.</history><metadata></metadata></law>
