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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77046</law_id><section_number>38.2-515</section_number><catch_line>Power of Commission</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-3456</reference><reference>38.2-4214</reference><reference>38.2-4319</reference><reference>38.2-4408</reference><reference>38.2-4509</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="5">Unfair Trade Practices</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> The <span class="dictionary">Commission</span> shall have power to examine and investigate the affairs of each <span class="dictionary">person</span> subject to this chapter to determine whether such <span class="dictionary">person</span> has been or is engaged in any unfair method of competition or in any unfair or deceptive act or practice prohibited by this chapter. <a id="paragraph-276446" class="section-permalink" href="https://vacode.org/38.2-515/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The <span class="dictionary">Commission</span> is further empowered to gather information from any <span class="dictionary">person</span> subject to this chapter relative to trade practices and whether such practices adequately and fairly serve the public interest. <a id="paragraph-276447" class="section-permalink" href="https://vacode.org/38.2-515/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> Any <span class="dictionary">person</span> who refuses or fails to provide information in a timely manner to the <span class="dictionary">Commission</span> as provided in this section shall be subject to the enforcement and <span class="dictionary">penalty</span> provisions set forth in Chapter 2 (&#xA7; <a class="law" title="General powers of the Commission relative to insurance" href="/38.2-200/">38.2-200</a> et seq.). <a id="paragraph-276448" class="section-permalink" href="https://vacode.org/38.2-515/#C"><i class="fa fa-link"/></a></p></section></text><history>1952, c. 317, &#xA7; 38.1-53; 1977, c. 529; 1980, c. 404; 1986, c. 562; 1991, c. 356; 2012, cc. 273, 277.</history><metadata></metadata></law>
