<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63558</law_id><section_number>38.2-1384</section_number><catch_line>Assessment against insurers whose policies are valued</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="10">Standard Valuation</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> is hereby authorized to assess against every <span class="dictionary">insurer</span> whose policies are valued a sum equal to the cost of valuation, which shall be collected by the <span class="dictionary">Commission</span> and paid directly into the <span class="dictionary">state</span> treasury and credited to the &#x201C;<span class="dictionary">Bureau of Insurance</span> Special Fund &#x2014; <span class="dictionary">State</span> Corporation <span class="dictionary">Commission</span>&#x201D; for the maintenance of the <span class="dictionary">Bureau of Insurance</span> as provided in subsection B of &#xA7;&#xA0;<a class="law" title="Expense of administration of insurance laws borne by licensees; minimum contribution" href="/38.2-400/">38.2-400</a>.</p></section></text><history>2014, c. 571.</history><metadata></metadata></law>
