Virginia § 65.2-821 - State Corporation Commission to make rules and regulations, and establish rating schedules and rates
Full text of Virginia Code of Virginia § 65.2-821 — State Corporation Commission to make rules and regulations, and establish rating schedules and rates, with citation guidance and answers to common questions.
§ 65.2-821. State Corporation Commission to make rules and regulations, and establish rating schedules and rates
A. The State Corporation Commission may make reasonable rules and regulations for the assignment of risks to insurance carriers. It shall establish such rate classifications, rating schedules, rates, rules and regulations to be used by insurance carriers issuing assigned risk workers' compensation policies in accordance with this chapter as appear to it to be proper.
B. In the establishment of rate classifications, rating schedules, rates, rules and regulations, it shall be guided by such principles and practices as have been established under its statutory authority to regulate workers' compensation insurance rates and it may act in conformity with its statutory discretionary authority in such matters.
Code 1950, § 65-114.2; 1956, c. 358; 1968, c. 660, § 65.1-120; 1991, c. 355.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 65.2-821
What does Code of Virginia § 65.2-821 cover?
Section 65.2-821 ("State Corporation Commission to make rules and regulations, and establish rating schedules and rates") 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 § 65.2-821?
A common citation format is "Code of Virginia § 65.2-821" (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 § 65.2-821 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.