Virginia Code 38.2-1442: Guaranty association obligations.
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A domestic insurer may invest in any obligation not in default of the Virginia Life, Accident and Sickness Insurance Guaranty Association issued pursuant to subdivision L 3 of § 38.2-1704 or the Virginia Property and Casualty Insurance Guaranty Association issued pursuant to subdivision 2 of subsection B of § 38.2-1606.
Terms Used In Virginia Code 38.2-1442
- Insurer: means a company licensed pursuant to Chapter 10 (§ Virginia Code 38.2-1401
1986, c. 562; 2010, c. 510.