Va. Code Ann. § 38.2-3920
Surplus to policyowners
Effective Jul 1, 19861985, c. 400, § 38.1-549.21; 1986, c. 562.
- A. A mutual assessment life, accident and sickness insurer shall have a minimum surplus to policyowners of $100,000.
- B. In order to write the classes of insurance referred to in Category C of § 38.2-3902, minimum surplus to policyowners shall be $800,000.
1985, c. 400, § 38.1-549.21; 1986, c. 562.