2019 US Virgin Islands Code
Title 22 - Insurance
Chapter 47 - Title Insurers
§ 1153. Impairment of deposit
Universal Citation: V.I. Code tit. 22, § 1153 (2019)
If an insurer's guaranty fund deposit becomes impaired for any cause, the Commissioner shall forthwith give notice thereof to the insurer, requiring that the impairment be cured within 30 days after the date of the notice. If the impairment is not so cured, the Commissioner shall forthwith revoke the insurer's certificate of authority.
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