Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 31. Life Insurance |
ARTICLE 2. Proceeds of Certain Policies |
SECTION 38.2-3121. Segregation of proceeds not required |
No insurer holding the proceeds of any policy mentioned in § 38.2-3118 shall be required to segregate the proceeds but may hold them as a part of its general corporate funds. Code 1950, § 38-118; 1952, c. 317, § 38.1-447; 1986, c. 562. |