Code of Virginia
Chapter 15 - Rehabilitation and Liquidation of Insurers
§ 38.2-1502. Jurisdiction and procedure

The jurisdiction of delinquency proceedings shall be determined by general law, except that if the Commission files a delinquency proceeding application, it shall be filed with the Circuit Court of the City of Richmond. Unless otherwise provided, all delinquency proceedings shall be conducted as a suit in equity.
1952, c. 317, § 38.1-128; 1986, c. 562.

Structure Code of Virginia

Code of Virginia

Title 38.2 - Insurance

Chapter 15 - Rehabilitation and Liquidation of Insurers

§ 38.2-1500. Scope of chapter

§ 38.2-1501. Definitions

§ 38.2-1502. Jurisdiction and procedure

§ 38.2-1503. Grounds for delinquency proceedings commenced by Commission against domestic insurer

§ 38.2-1504. Requirements when proceedings instituted by any person other than Commission

§ 38.2-1505. Commission may apply for receiver and for other relief; what orders court may enter

§ 38.2-1506. Requirements when receiver appointed; disbursement of available assets to association, etc.

§ 38.2-1507. Further procedure; injunction may be issued

§ 38.2-1508. Powers of Commission when authorized to rehabilitate or liquidate companies

§ 38.2-1509. Powers of Commission when authorized to rehabilitate or liquidate insurers by court order; disbursement of available assets to an association, etc.

§ 38.2-1510. Commission may appoint assistants in connection with rehabilitation or liquidation

§ 38.2-1511. Borrowing on pledge of assets

§ 38.2-1512. Rights and liabilities fixed upon liquidation

§ 38.2-1513. Voidable transfers

§ 38.2-1514. Priority of claims for wages

§ 38.2-1515. Mutual debts or credits, how treated

§ 38.2-1516. Receivers to file reports, etc., with Commission

§ 38.2-1517. What included in annual report of Commission

§ 38.2-1518. Rehabilitation or mutualization of companies

§ 38.2-1519. Termination of rehabilitation; when liquidation may be entered

§ 38.2-1520. Liquidation of alien insurers

§ 38.2-1521. Conservation of assets of foreign or alien insurer; when liquidation may be entered

§ 38.2-1522. Qualified financial contracts