§ 38.2-4121. Investments
A society shall invest its funds only in investments authorized by Chapter 14 of this title for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this Commonwealth which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.
(Code 1950, §§ 38-307, 38.1-623; 1952, c. 317, § 38.1-638.43; 1968, c. 654; 1986, c. 562.)
Sections: Previous 38.2-4114 38.2-4115 38.2-4116 38.2-4117 38.2-4118 38.2-4119 38.2-4120 38.2-4121 38.2-4122 38.2-4123 38.2-4124 38.2-4125 38.2-4126 38.2-4127 38.2-4128 NextLast modified: April 3, 2009