Section 100. Record retention

Latest version.

The appointed actuary shall retain on file, for at least seven years, sufficient documentation so that it will be possible to determine the procedures followed, the analyses performed, the bases for assumptions and the results obtained.

Historical Notes

Derived from Regulation 45, Case No. INS920377, § 10, eff. December 15, 1992; amended, Volume 20, Issue 05, eff. December 31, 2003.

Statutory Authority

§§ 12.1-13, 38.2-223, and 38.2-3127.1 of the Code of Virginia.

                    
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