Virginia Code > Title 27 > Chapter 5 – Safety Provisions Generally
Current as of: 2023 | Check for updates
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| Article 1 | Generally | 27-51 – 27-54 |
Terms Used In Virginia Code > Title 27 > Chapter 5 - Safety Provisions Generally
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- County: means any existing county or such unit hereafter created. See Virginia Code 15.2-102
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.