# Va. Code Ann. § 38.2-1327: Time for hearing; order of Commission

> Virginia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1327

## Section

- **Citation:** Va. Code Ann. § 38.2-1327
- **Heading:** Time for hearing; order of Commission
- **Jurisdiction:** Virginia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Code / Title 38.2 / Chapter 13 / Article 5 / Section 38.2-1327

## Text

A. Any hearing held pursuant to § 38.2-1326 shall begin within 40 days of the date the application is filed with the Commission. In approving any application filed pursuant to § 38.2-1323 , the Commission may include in its order any conditions, stipulations, or provisions that the Commission determines to be necessary to protect the interests of the policyholders of the insurer and the public.

B. The Commission may retain at the acquiring person's expense any attorneys, actuaries, accountants, and other experts not otherwise a part of the Commission's staff as may be reasonably necessary to assist the Commission in reviewing the proposed acquisition of control.

1977, c. 414, § 38.1-178.1:6; 1986, c. 562; 2014, c. 309 .

## Nearby sections

- [Va. Code Ann. § 38.2-1322 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1322.md)
- [Va. Code Ann. § 38.2-1323 Acquisition of control of insurers](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1323.md)
- [Va. Code Ann. § 38.2-1324 Contents of application](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1324.md)
- [Va. Code Ann. § 38.2-1325 Alternate filing materials](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1325.md)
- [Va. Code Ann. § 38.2-1326 Approval by Commission](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1326.md)
- [Va. Code Ann. § 38.2-1327 Time for hearing; order of Commission](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1327.md)
- [Va. Code Ann. § 38.2-1328 Exemption](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1328.md)
- [Va. Code Ann. § 38.2-1329 Registration of insurers that are members of holding company system](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1329.md)
- [Va. Code Ann. § 38.2-1330 Standards for transactions within an insurance holding company system; adequacy of surplus](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1330.md)
- [Va. Code Ann. § 38.2-1330.1 Dividends and other distributions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1330.1.md)
- [Va. Code Ann. § 38.2-1331 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1331.md)
- [Va. Code Ann. § 38.2-1332 Examinations](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1332.md)
- [Va. Code Ann. § 38.2-1332.1 Supervisory colleges](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1332.1.md)
- [Va. Code Ann. § 38.2-1332.2 Group-wide supervision of internationally active insurance groups](https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1332.2.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_T38.2_C13_A5_S38.2-1327. Check the current official text before relying on it. Not legal advice.