Code of Virginia § 38.2-122.1. Credit involuntary unemployment insurance.
84 words·~1 min read·
/va/title-38-2/chapter-1/38-2-122-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
"Credit involuntary unemployment insurance" means insurance on a debtor in connection with a specified loan or other credit transaction to provide payment to a creditor for the installment payments or other periodic payments becoming due
(i)while the debtor is involuntarily unemployed, or
(ii)while the debtor is on an unpaid leave of absence during which employment does not terminate. Such term shall not mean any insurance defined in §§ 38.2-108 , 38.2-109 or § 38.2-122 .
1993, c. 774; 2000, c. 526 .