{"data":{"id":"us-va/14vac5-318-70","jurisdiction":"us-va","citation":"14VAC5-318-70","heading":"Prohibition against avoidance","body":"No insurer that has covered policies to which this chapter applies, as set forth in 14VAC5-318-20, shall take any action or series of actions or enter into any transaction, arrangement, or series of transactions or arrangements if the purpose of such action, transaction, arrangement, or series thereof is to avoid the requirements of this chapter or to circumvent its purpose and intent, as set forth in 14VAC5-318-10.","path":["Title 14. Insurance","Agency 5. State Corporation Commission, Bureau of Insurance","Chapter 318. Rules Governing Term and Universal Life Insurance Reserve Financing"],"source_url":"https://law.lis.virginia.gov/admincode/title14/agency5/chapter318/section70/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:51:58Z","sha256":"8200520e08d8bfdedd8a4d79f1d93c06f38e03b701c1ed85608ee1edb1b73354","source_id":"us-va-vac","stale":false,"prev":"us-va/14vac5-318-60","next":"us-va/14vac5-318-80"},"notice":"GroundRules: Original legal text. Not legal advice."}