Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 20 - VARIABLE CONTRACT REGULATIONS
Article VII - Foreign Companies
Section 14VAC5-20-70 - Foreign companies
Universal Citation: 14 VA Admin Code 14VAC5-20-70
Current through Register Vol. 41, No. 3, September 23, 2024
If the law or regulation in the place of domicile of a foreign company provides a degree of protection to the policyholders and the public which is substantially equal to that provided by this chapter, the Commission, to the extent deemed appropriate by it in its discretion, may consider compliance with such law or regulation as compliance with this chapter.
Statutory Authority
§ 38.2-3113 of the Code of Virginia.
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