{"data":{"id":"us-va/14vac5-370-80","jurisdiction":"us-va","citation":"14VAC5-370-80","heading":"Filing of reports","body":"Each association shall file annually with the  commission on or before March 1, of each year an annual statement showing its financial operations and condition for the most recently completed calendar year. The  commission, for good cause, may extend the time for filing the annual statement by not more than 60 days. In addition, each association shall furnish a copy of an audited  report of its financial operations and conditions prepared by an independent  certified public accountant within six months of the end of the association's fiscal period.\n\nThe annual statement shall contain a report in detail of the association's assets, liabilities, revenues and disbursements during the year, and all other information which the  commission may deem necessary to secure a full and accurate knowledge of the financial affairs and condition of the association.\n\nThe  commission may prescribe the form of the annual statement and of any necessary schedules and exhibits. In addition to the annual statement, the  commission may require any association to file timely additional financial information, including interim financial reports.","path":["Title 14. Insurance","Agency 5. State Corporation Commission, Bureau of Insurance","Chapter 370. Rules Governing Group Self-Insurers of Liability under the Virginia Workers' Compensation Act"],"source_url":"https://law.lis.virginia.gov/admincode/title14/agency5/chapter370/section80/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:52:00Z","sha256":"f8fe8bf0e0191dcb1f6b119657bdae2b369ad99e2794cca6794ae57b3f55cdeb","source_id":"us-va-vac","stale":false,"prev":"us-va/14vac5-370-70","next":"us-va/14vac5-370-90"},"notice":"GroundRules: Original legal text. Not legal advice."}