Virginia § 38.2-2710 - Supervision and regulation by Commission
Full text of Virginia Code of Virginia § 38.2-2710 — Supervision and regulation by Commission, with citation guidance and answers to common questions.
§ 38.2-2710. Supervision and regulation by Commission
The residual market facility, any inspection service, and any joint underwriting association shall at all times be subject to the supervision and regulation of the Commission. The Commission, or any person designated by it, shall have the power:
1. To visit and examine the operations of the residual market facility, any inspection service, and any joint underwriting association;
2. To examine directors, officers, agents, employees, or any other person having knowledge of those operations;
3. To summon and qualify witnesses under oath and, pursuant to these powers, to have free access to all books, records, files, papers and documents that relate to those operations; and
4. To require that the association file annually a financial report that is approved by the board of directors and prepared in a form prescribed by the Commission. Unless the Commission provides otherwise, the report shall be filed within 120 days after the end of each fiscal year and shall be for the preceding twelve months.
1968, c. 559, § 38.1-752; 1986, c. 562; 1995, c. 60.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 38.2-2710
What does Code of Virginia § 38.2-2710 cover?
Section 38.2-2710 ("Supervision and regulation by Commission") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 38.2-2710?
A common citation format is "Code of Virginia § 38.2-2710" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 38.2-2710 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.