Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 415 - RULES GOVERNING SELF-FUNDED MULTIPLE EMPLOYER WELFARE ARRANGEMENTS
Section 14VAC5-415-60 - Investments
Universal Citation: 4 VA Admin Code 5-415-60
Current through Register Vol. 41, No. 3, September 23, 2024
A self-funded MEWA must comply with Chapter 14 (§ 38.2-1400 et seq.) of Title 38.2 of the Code of Virginia. In doing so, a self-funded MEWA may only invest in any Category 1 investment. A self-funded MEWA may petition the commission for permission to invest in any other investment allowed under the provisions of Chapter 14 prior to making such investment.
Statutory Authority: §§ 12.1-13, 38.2-223, and 38.2-3420 of the Code of Virginia.
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