                                 CODE OF VIRGINIA

SANCTIONS (§ 38.2-1334.2:2)

Whenever it appears to the Commission that any person has committed a violation
of §§ 38.2-1323 through 38.2-1328 and the violation prevents the full
understanding of the enterprise risk to the insurer by affiliates or by the
insurance holding company system, the violation may serve as an independent
basis for disapproving dividends or distributions and for instituting
delinquency proceedings pursuant to § 38.2-1503.

HISTORY: 2014, c. 309.