§ 46.2-467. Action within power of Commission
The Commission may, in its discretion, after reviewing all information pertaining to the applicant or policyholder available from its records, the records of the Department or from other sources:
1. Refuse to assign an application;
2. Approve the rejection of an application by an insurance carrier;
3. Approve the cancellation of a policy of motor vehicle liability, physical damage, and medical payments insurance by an insurance carrier; or
4. Refuse to approve the renewal or the reassignment of an expiring policy.
(Code 1950, § 46-488; 1958, c. 541, § 46.1-499; 1972, c. 842; 1989, c. 727.)
Sections: Previous 46.2-460 46.2-461 46.2-462 46.2-463 46.2-464 46.2-465 46.2-466 46.2-467 46.2-468 46.2-469 46.2-470 46.2-471 46.2-472 46.2-473 46.2-474 NextLast modified: April 3, 2009