14VAC5-80-70. Requirements applicable to contractual services
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Virginia Administrative Code › Title 14 Insurance › Agency 5 State Corporation Commission, Bureau of Insurance › Chapter 80 › 14VAC5-80-70
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Any material contract between an insurer and suppliers of consulting, investment, administrative, sales, marketing, custodial, or other services with respect to variable life insurance operations shall be in writing and provide that the supplier of such services shall furnish the Commission with any information or reports in connection with such services which the Commission may request in order to ascertain whether the variable life insurance operations of the insurer are being conducted in a manner consistent with this chapter and any other applicable law or regulations.
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