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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>61110</law_id><section_number>38.2-1334.10</section_number><catch_line>Sanctions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><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="5.1">Risk Management Framework; Own Risk and Solvency Assessments</unit></structure><text>
						<section><p>Any <span class="dictionary">insurer</span> failing, without just cause, to timely file the <span class="dictionary">ORSA summary report</span> as required in this article shall be subject to the enforcement and <span class="dictionary">penalty</span> provisions set forth in Chapter 2 (&#xA7;&#xA0;<a class="law" title="General powers of the Commission relative to insurance" href="/38.2-200/">38.2-200</a> et seq.).</p></section></text><history>2014, c. 248.</history><metadata></metadata></law>
