Virginia Code 38.2-4015: Certificate to specify amount of payment and when to be paid
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Each certificate issued by any burial society shall specify the sum of money payable upon the occurrence of the risk insured against. The amount payable shall not be larger than one assessment upon the entire membership. Each certificate shall also state that within thirty days after due proof of the occurrence of the insured risk, payment shall be made.
Terms Used In Virginia Code 38.2-4015
- State: means any commonwealth, state, territory, district or insular possession of the United States. See Virginia Code 38.2-100
Code 1950, §§ 38-145, 38-450; 1952, c. 317, §§ 38.1-544, 38.1-555; 1986, c. 562.