Code of Virginia § 38.2-3121. Segregation of proceeds not required.
43 words·~1 min read·
/va/title-38-2/chapter-31/38-2-3121A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.