A. The Commission shall have power to examine and investigate the affairs of each person subject to this chapter to determine whether such person has been or is engaged in any unfair method of competition or in any unfair or deceptive act or practice prohibited by this chapter.
B. The Commission is further empowered to gather information from any person subject to this chapter relative to trade practices and whether such practices adequately and fairly serve the public interest.
C. Any person who refuses or fails to provide information in a timely manner to the Commission as provided in this section shall be subject to the enforcement and penalty provisions set forth in Chapter 2 (§ 38.2-200 et seq.).
1952, c. 317, § 38.1-53; 1977, c. 529; 1980, c. 404; 1986, c. 562; 1991, c. 356; 2012, cc. 273, 277.
Structure Code of Virginia
Chapter 5 - Unfair Trade Practices
§ 38.2-500. Declaration of purpose
§ 38.2-502. Misrepresentations and false advertising of insurance policies
§ 38.2-503. False information and advertising generally
§ 38.2-505. Boycott, coercion and intimidation
§ 38.2-506. False statements and entries
§ 38.2-507. Stock operations and advisory board contracts
§ 38.2-508. Unfair discrimination
§ 38.2-508.1. Unfair discrimination; members of the armed forces
§ 38.2-508.2. Discrimination prohibited
§ 38.2-508.3. Consideration of Medicaid eligibility prohibited
§ 38.2-508.4. Genetic information privacy
§ 38.2-510. Unfair claim settlement practices
§ 38.2-511. Failure to maintain record of complaints
§ 38.2-512. Misrepresentation in insurance documents or communications
§ 38.2-513.1. Insurance sales by depository institutions and other lending institutions
§ 38.2-514. Failure to make disclosure
§ 38.2-514.1. Disclosure required
§ 38.2-514.2. Disclosures required of motor vehicle rental contract insurance agents and enrollers
§ 38.2-515. Power of Commission
§ 38.2-515.1. Power of Commission; policies issued outside of the Commonwealth
§ 38.2-516. Prohibited compensation for intra-company replacement
§ 38.2-517. Unfair settlement practices; replacement and repair; penalty