Code of Virginia § 38.2-3920. Surplus to policyowners.
51 words·~1 min read·
/va/title-38-2/chapter-39/38-2-3920A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A mutual assessment life, accident and sickness insurer shall have a minimum surplus to policyowners of $100,000.
B. In order to write the classes of insurance referred to in Category C of § 38.2-3902 , minimum surplus to policyowners shall be $800,000.
1985, c. 400, § 38.1-549.21; 1986, c. 562.