{"data":{"id":"us-va/va.-code-38.2-106","jurisdiction":"us-va","citation":"Va. Code § 38.2-106","heading":"Annuities","body":"\"Annuities\" means all agreements to make periodic payments in specified or calculable sums pursuant to the terms of a contract for a stated period of time or for the life of the person or persons specified in the contract. \"Annuities\" does not include contracts defined in § 38.2-102 and qualified charitable gift annuities as defined in § 38.2-106.1.As used in this title, unless the context requires otherwise, \"annuity\" shall be deemed to include \"variable annuity\" and \"modified guaranteed annuity,\" and shall be deemed to include a contract under which a lump sum cash settlement is an alternative to the option of periodic payments.1952, c. 317, § 38.1-4; 1966, c. 289; 1970, c. 532; 1985, c. 312; 1986, c. 562; 1992, c. 210; 1993, c. 764; 1996, c. 425; 2001, c. 64.","path":["Title 38.2. INSURANCE","Chapter 1. GENERAL PROVISIONS","Article 2. INSURANCE CLASSIFIED AND DEFINED"],"source_url":"https://law.lis.virginia.gov/vacode/38.2-106/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:16:05Z","sha256":"d10582e21ae2a9b067335e643c277a51ac00d77fd007d163bd7b81d356cd71eb","source_id":"us-va","stale":true,"prev":"us-va/va.-code-38.2-105.1","next":"us-va/va.-code-38.2-106.1"},"notice":"GroundRules: Original legal text. Not legal advice."}
