14 Va. Admin. Code § 5-300-140

Current through Register Vol. 41, No. 10, December 30, 2024

Section 14VAC5-300-140 - Other security

The commission may allow credit pursuant to subdivision 2 d of § 38.2-1316.4 of the Act for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control.

14 Va. Admin. Code § 5-300-140

Derived from Regulation 43, Case No. INS910307, § 15, eff. March 1, 1992; amended, Virginia Register Volume 29, Issue 4, eff. January 1, 2013.

Statutory Authority

§§ 38.2-223, 38.2-1316.7 and 12.1-13 of the Code of Virginia.