Code of Virginia - Title 38.2 Insurance - Section 38.2-1427.3 Investment authority; subsidiary corporations

§ 38.2-1427.3. Investment authority; subsidiary corporations

A domestic insurer may invest in common stock, preferred stock, debt obligations, and other securities of a subsidiary.

For investments in subsidiary corporations made prior to July 1, 1995, July 1, 1995, may be deemed the date of investment.

(1992, c. 588; 1993, c. 47; 1995, c. 60.)

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Last modified: April 3, 2009