{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-1510.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-1510.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-1510.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-1510.html"}],"law_id":361476,"edition_id":2,"section_id":361476,"structure_id":51682,"section_number":"38.2-1510","catch_line":"Commission may appoint assistants in connection with rehabilitation or liquidation","history":"Code 1950, \u00a7 38-141; 1952, c. 317, \u00a7 38.1-134; 1986, c. 562.","full_text":"The Commission shall have power to appoint one or more special deputies as its agent and to employ the counsel, clerks, and assistants considered necessary to efficiently conduct the rehabilitation or liquidation. The Commission may delegate to its agent any of its powers which are necessary to carry out the rehabilitation or liquidation. The compensation of the special deputy commissioners, counsel, clerks and assistants, and all expenses relating to the rehabilitation or liquidation of any insurer shall be set by the Commission and upon certification by the Commission be paid out of the insurer&#8217;s assets.\n\n","order_by":null,"text":{"0":{"id":1345413,"text":"The Commission shall have power to appoint one or more special deputies as its agent and to employ the counsel, clerks, and assistants considered necessary to efficiently conduct the rehabilitation or liquidation. The Commission may delegate to its agent any of its powers which are necessary to carry out the rehabilitation or liquidation. The compensation of the special deputy commissioners, counsel, clerks and assistants, and all expenses relating to the rehabilitation or liquidation of any insurer shall be set by the Commission and upon certification by the Commission be paid out of the insurer&#8217;s assets.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51682,"edition_id":2,"name":"Rehabilitation and Liquidation of Insurers","identifier":"15","label":"chapter","depth":2,"order_by":15,"parent_id":51644,"metadata":{"child_laws":23,"child_structures":0},"date_created":"2026-08-02 02:46:19","date_modified":"2026-08-02 12:33:03","permalink":{"id":1439119,"object_type":"structure","relational_id":51682,"identifier":"15","token":"38.2\/15","url":"\/38.2\/15\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361466,"structure_id":51682,"section_number":"38.2-1500","catch_line":"Scope of chapter","url":"\/38.2-1500\/","token":"38.2\/15\/38.2-1500","metadata":false},{"id":361467,"structure_id":51682,"section_number":"38.2-1501","catch_line":"Definitions","url":"\/38.2-1501\/","token":"38.2\/15\/38.2-1501","metadata":false},{"id":361468,"structure_id":51682,"section_number":"38.2-1502","catch_line":"Jurisdiction and procedure","url":"\/38.2-1502\/","token":"38.2\/15\/38.2-1502","metadata":false},{"id":361469,"structure_id":51682,"section_number":"38.2-1503","catch_line":"Grounds for delinquency proceedings commenced by Commission against domestic insurer","url":"\/38.2-1503\/","token":"38.2\/15\/38.2-1503","metadata":false},{"id":361470,"structure_id":51682,"section_number":"38.2-1504","catch_line":"Requirements when proceedings instituted by any person other than Commission","url":"\/38.2-1504\/","token":"38.2\/15\/38.2-1504","metadata":false},{"id":361471,"structure_id":51682,"section_number":"38.2-1505","catch_line":"Commission may apply for receiver and for other relief; what orders court may enter","url":"\/38.2-1505\/","token":"38.2\/15\/38.2-1505","metadata":false},{"id":361472,"structure_id":51682,"section_number":"38.2-1506","catch_line":"Requirements when receiver appointed; disbursement of available assets to association, etc","url":"\/38.2-1506\/","token":"38.2\/15\/38.2-1506","metadata":false},{"id":361473,"structure_id":51682,"section_number":"38.2-1507","catch_line":"Further procedure; injunction may be issued","url":"\/38.2-1507\/","token":"38.2\/15\/38.2-1507","metadata":false},{"id":361474,"structure_id":51682,"section_number":"38.2-1508","catch_line":"Powers of Commission when authorized to rehabilitate or liquidate companies","url":"\/38.2-1508\/","token":"38.2\/15\/38.2-1508","metadata":false},{"id":361475,"structure_id":51682,"section_number":"38.2-1509","catch_line":"Powers of Commission when authorized to rehabilitate or liquidate insurers by court order; disbursement of available assets to an association, etc","url":"\/38.2-1509\/","token":"38.2\/15\/38.2-1509","metadata":false},{"id":361476,"structure_id":51682,"section_number":"38.2-1510","catch_line":"Commission may appoint assistants in connection with rehabilitation or liquidation","url":"\/38.2-1510\/","token":"38.2\/15\/38.2-1510","metadata":false},{"id":361477,"structure_id":51682,"section_number":"38.2-1511","catch_line":"Borrowing on pledge of assets","url":"\/38.2-1511\/","token":"38.2\/15\/38.2-1511","metadata":false},{"id":361478,"structure_id":51682,"section_number":"38.2-1512","catch_line":"Rights and liabilities fixed upon liquidation","url":"\/38.2-1512\/","token":"38.2\/15\/38.2-1512","metadata":false},{"id":361479,"structure_id":51682,"section_number":"38.2-1513","catch_line":"Voidable transfers","url":"\/38.2-1513\/","token":"38.2\/15\/38.2-1513","metadata":false},{"id":361480,"structure_id":51682,"section_number":"38.2-1514","catch_line":"Priority of claims for wages","url":"\/38.2-1514\/","token":"38.2\/15\/38.2-1514","metadata":false},{"id":361481,"structure_id":51682,"section_number":"38.2-1515","catch_line":"Mutual debts or credits, how treated","url":"\/38.2-1515\/","token":"38.2\/15\/38.2-1515","metadata":false},{"id":361482,"structure_id":51682,"section_number":"38.2-1516","catch_line":"Receivers to file reports, etc., with Commission","url":"\/38.2-1516\/","token":"38.2\/15\/38.2-1516","metadata":false},{"id":361483,"structure_id":51682,"section_number":"38.2-1517","catch_line":"What included in annual report of Commission","url":"\/38.2-1517\/","token":"38.2\/15\/38.2-1517","metadata":false},{"id":361484,"structure_id":51682,"section_number":"38.2-1518","catch_line":"Rehabilitation or mutualization of companies","url":"\/38.2-1518\/","token":"38.2\/15\/38.2-1518","metadata":false},{"id":361485,"structure_id":51682,"section_number":"38.2-1519","catch_line":"Termination of rehabilitation; when liquidation may be entered","url":"\/38.2-1519\/","token":"38.2\/15\/38.2-1519","metadata":false},{"id":361486,"structure_id":51682,"section_number":"38.2-1520","catch_line":"Liquidation of alien insurers","url":"\/38.2-1520\/","token":"38.2\/15\/38.2-1520","metadata":false},{"id":361487,"structure_id":51682,"section_number":"38.2-1521","catch_line":"Conservation of assets of foreign or alien insurer; when liquidation may be entered","url":"\/38.2-1521\/","token":"38.2\/15\/38.2-1521","metadata":false},{"id":361488,"structure_id":51682,"section_number":"38.2-1522","catch_line":"Qualified financial contracts","url":"\/38.2-1522\/","token":"38.2\/15\/38.2-1522","metadata":false}],"previous_section":{"id":361475,"structure_id":51682,"section_number":"38.2-1509","catch_line":"Powers of Commission when authorized to rehabilitate or liquidate insurers by court order; disbursement of available assets to an association, etc","url":"\/38.2-1509\/","token":"38.2\/15\/38.2-1509","metadata":false},"next_section":{"id":361477,"structure_id":51682,"section_number":"38.2-1511","catch_line":"Borrowing on pledge of assets","url":"\/38.2-1511\/","token":"38.2\/15\/38.2-1511","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1510\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":1439161,"object_type":"law","relational_id":361476,"identifier":"38.2-1510","token":"38.2\/15\/38.2-1510","url":"\/38.2-1510\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-1510\/","token":"38.2\/15\/38.2-1510","dublin_core":{"Title":"Commission may appoint assistants in connection with rehabilitation or liquidation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1510","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Commission<\/span> shall have power to appoint one or more special deputies as its agent and to employ the <span class=\"dictionary\">counsel<\/span>, clerks, and assistants considered necessary to efficiently conduct the rehabilitation or <span class=\"dictionary\">liquidation<\/span>. The <span class=\"dictionary\">Commission<\/span> may delegate to its agent any of its powers which are necessary to carry out the rehabilitation or <span class=\"dictionary\">liquidation<\/span>. The compensation of the special deputy <span class=\"dictionary\">commissioners<\/span>, <span class=\"dictionary\">counsel<\/span>, clerks and assistants, and all expenses relating to the rehabilitation or <span class=\"dictionary\">liquidation<\/span> of any <span class=\"dictionary\">insurer<\/span> shall be set by the <span class=\"dictionary\">Commission<\/span> and upon certification by the <span class=\"dictionary\">Commission<\/span> be paid out of the <span class=\"dictionary\">insurer<\/span>&#8217;s <span class=\"dictionary\">assets<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCOMMISSION MAY APPOINT ASSISTANTS IN CONNECTION WITH REHABILITATION OR\nLIQUIDATION (\u00a7 38.2-1510)\n\nThe Commission shall have power to appoint one or more special deputies as its\nagent and to employ the counsel, clerks, and assistants considered necessary to\nefficiently conduct the rehabilitation or liquidation. The Commission may\ndelegate to its agent any of its powers which are necessary to carry out the\nrehabilitation or liquidation. The compensation of the special deputy\ncommissioners, counsel, clerks and assistants, and all expenses relating to the\nrehabilitation or liquidation of any insurer shall be set by the Commission and\nupon certification by the Commission be paid out of the insurer&#8217;s assets.\n\nHISTORY: Code 1950, \u00a7 38-141; 1952, c. 317, \u00a7 38.1-134; 1986, c. 562.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}