§ 38.2-407. Declarations of estimated assessment
A. Each company subject to the assessment prescribed by § 38.2-400 shall make a declaration of estimated assessment for the assessable year as provided in this chapter. This declaration is required if the assessment imposed by § 38.2-400 can reasonably be expected to exceed $3,000.
B. The declaration shall contain any pertinent information the Commission may require.
C. A company may make amendments of a declaration filed during the assessable year, subject to the requirements of the Commission, not exceeding the number specified in subsection B of § 38.2-408.
D. A company with an assessable year of less than twelve months shall make a declaration in accordance with the requirements of the Commission.
(1977, c. 317, § 38.1-48.2; 1986, c. 562; 1998, c. 15.)
Sections: Previous 38.2-401 38.2-401.1 38.2-402 38.2-403 38.2-404 38.2-405 38.2-406 38.2-407 38.2-408 38.2-409 38.2-410 38.2-411 38.2-412 38.2-413 38.2-414 NextLast modified: April 16, 2009