{"data":{"id":"us-va/va.-code-38.2-3309","jurisdiction":"us-va","citation":"Va. Code § 38.2-3309","heading":"Nonforfeiture benefits and cash surrender values","body":"A. Each individual life insurance policy shall contain a provision for nonforfeiture benefits. The provision shall specify the options to which the policyowner is entitled, in accordance with the requirements of § 38.2-3202.B. Each individual life insurance policy shall have a provision for cash surrender values in accordance with the requirements of § 38.2-3203.Code 1950, § 38-371(7), (8); 1950, p. 180; 1952, c. 317, § 38.1-398; 1986, c. 562.","path":["Title 38.2. INSURANCE","Chapter 33. LIFE INSURANCE POLICIES","Article 1. LIFE INSURANCE POLICIES; ANNUITIES"],"source_url":"https://law.lis.virginia.gov/vacode/38.2-3309/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:16:05Z","sha256":"c3d5093d990e585e06d7fdb5004b42c1826a832cc9f920824c6e9126f1f3f942","source_id":"us-va","stale":true,"prev":"us-va/va.-code-38.2-3308","next":"us-va/va.-code-38.2-3310"},"notice":"GroundRules: Original legal text. Not legal advice."}