Code of Virginia - Title 38.2 Insurance - Section 38.2-1443 Investment of amounts allocated to separate accounts for variable life insurance and variable annui...

§ 38.2-1443. Investment of amounts allocated to separate accounts for variable life insurance and variable annui...

The amounts allocated to separate accounts for variable life insurance and variable annuities, pursuant to the provisions of § 38.2-3113, and accumulations on them, may be invested and reinvested by a domestic insurer in any type of Category 1 investment. Any percentage limitations based on the insurer's total admitted assets or surplus to policyholders shall not apply to investments made pursuant to this section.

(1983, c. 457, § 38.1-217.45; 1986, c. 562; 1992, c. 588.)

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Last modified: April 16, 2009