Virginia Code 38.2-3121: Segregation of proceeds not required
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No insurer holding the proceeds of any policy mentioned in § 38.2-3118 shall be required to segregate the proceeds but may hold them as a part of its general corporate funds.
Terms Used In Virginia Code 38.2-3121
- Insurer: means an insurance company. See Virginia Code 38.2-100
Code 1950, § 38-118; 1952, c. 317, § 38.1-447; 1986, c. 562.