Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 14. Insurance |
Agency 5. State Corporation Commission, Bureau of Insurance |
Chapter 380. Rules Governing Underground Storage Tank Owners and Operators Groupself-Insurance Pools |
Section 120. Termination of pool members
Latest version.
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A. No member of an association may be terminated unless at least 30 days written notice has been given to the member, the Commission, and the State Water Control Board.
B. The association shall remain liable for all claims applicable to the period during which an employer was a member of an association, including the 30 day period required for termination of membership.
Historical Notes
Derived from Regulation 33, Case No. INS890261, § 13, eff. September 1, 1989.
Statutory Authority
§ 62.1-44.34:12 of the Code of Virginia.