Code of Virginia - Title 38.2 Insurance - Section 38.2-3920 Surplus to policyowners

§ 38.2-3920. Surplus to policyowners

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.)

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Last modified: April 16, 2009