Section 10. Purpose

Latest version.

The purpose of this chapter (14VAC5-320-10 et seq.), is to set forth rules governing reserve standards for accident and sickness insurance policies which the Commission deems necessary to carry out the provisions of §§ 38.2-1311 and 38.2-1314 of the Code of Virginia.

Historical Notes

Derived from Regulation 15, Case No. INS930382, § 1, eff. January 1, 1994.

Statutory Authority

§§ 12.1-13, 38.2-223, 38.2-1311 and 38.2-1314 of the Code of Virginia.

                    
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