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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 38.2-3920: Surplus to policyowners

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Where this section sits in the code
  1. Title 38.2. INSURANCE
  2. Chapter 39. MUTUAL ASSESSMENT LIFE, ACCIDENT AND SICKNESS INSURERS
  3. Article 5. FINANCIAL PROVISIONS

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.

Collected 2026-09-04T15:16:05Z. Source file · JSON

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