                                 CODE OF VIRGINIA

LICENSE RENEWALS (§ 38.2-6104)

A. Each dental plan organization organized under this chapter shall obtain an
annual renewal of its license from the Commission by July 1 of each year. The
Commission may refuse to renew the license of any dental plan organization or
may renew the license, subject to any restrictions considered appropriate by the
Commission, if it finds an impairment of the minimum capital and surplus or that
the dental plan organization has not satisfied all of the conditions set forth
in subsection A of &#xA7; 38.2-6103.

B. The Commission shall not fail or refuse to renew the license of any dental
plan organization without first giving the dental plan organization 10
days&#8217; notice of its intention not to renew the license and giving it an
opportunity to be heard and to introduce evidence on its behalf. The hearing may
be informal and the required notice may be waived by the Commission and the
dental plan organization.

HISTORY: 2004, c. 668.