{"data":{"id":"us-va/va.-code-38.2-1402","jurisdiction":"us-va","citation":"Va. Code § 38.2-1402","heading":"Authority to invest; classification of investments by category","body":"A. A domestic insurer may invest its funds and assets in accordance with this chapter. All investments of a domestic insurer shall be classified as (i) Category 1 investments, (ii) Category 2 investments, or (iii) prohibited investments.B. The Commission, upon application by an insurer, may classify any investments made or proposed to be made and not otherwise specifically classified in Articles 1 (§ 38.2-1400 et seq.) and 2 (§ 38.2-1412 et seq.) of this chapter as a Category 1 investment.1983, c. 457, § 38.1-217.3; 1986, c. 562.","path":["Title 38.2. INSURANCE","Chapter 14. INVESTMENTS","Article 1. General Provisions"],"source_url":"https://law.lis.virginia.gov/vacode/38.2-1402/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:16:05Z","sha256":"e1b4053daf015678f00f527d3a8850f2b88fa5947466695bef389c1ba92b7e28","source_id":"us-va","stale":true,"prev":"us-va/va.-code-38.2-1401","next":"us-va/va.-code-38.2-1403"},"notice":"GroundRules: Original legal text. Not legal advice."}