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Code · Virginia · Title 38.2 · Chapter 35

Code of Virginia § 38.2-3507. Third-party ownership.

53 words·~1 min read·/va/title-38-2/chapter-35/38-2-3507

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The word "insured," as used in this article, shall not be construed to prevent a person with a proper insurable interest from applying for and owning a policy covering another person or from being entitled to any indemnities, benefits and rights provided under the policy.
1952, c. 317, § 38.1-353; 1986, c. 562.
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