§ 46.2-2146. Effect of unfair claims settlement practices on self-insured motor carriers
The provisions of subdivisions 4, 6, 11 and 12 of subsection A of § 38.2-510 shall apply to each holder of a certificate of public convenience and necessity or permit issued by and under the authority of the Department who, in lieu of filing an insurance policy, has deposited with the State Treasurer state, federal or municipal bonds or has filed an unconditional letter of credit issued by a bank. The failure of any such holder of a certificate or permit to comply with the provisions of § 38.2-510 shall be the cause for revocation or suspension of the certificate or permit.
(2001, c. 596.)
Sections: Previous 46.2-2139 46.2-2140 46.2-2141 46.2-2142 46.2-2143 46.2-2144 46.2-2145 46.2-2146 46.2-2147 46.2-2148 46.2-2149 46.2-2150 46.2-2151 46.2-2152 46.2-2153 NextLast modified: April 16, 2009