Virginia

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  • Title 38.2: Insurance
  • Chapter 10: Organization, Admission and Licensing of Insurers
  • Article 7: Deposits

Deposits

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Article 7 of the Code of Virginia, titled “Deposits.” It is part of Chapter 10 “Organization, Admission and Licensing of Insurers”, which is part of Title 38.2 “Insurance”.

It’s comprised of the following 14 sections.

§ 38.2-1045 Deposits required of insurers generally
§ 38.2-1046 Purpose of deposits; enforcement of lien
§ 38.2-1047 How deposits applied to payment of claims; deficit to be made good
§ 38.2-1048 Return of deposits
§ 38.2-1049 Alternate deposit requirements
§ 38.2-1050 Voluntary deposit in excess of amount required
§ 38.2-1051 Repealed
§ 38.2-1052 Exchange of securities
§ 38.2-1053 Interest on deposits; to whom paid
§ 38.2-1054 Duty of State Treasurer when securities deposited are paid
§ 38.2-1055 Annual report of State Treasurer to Commission
§ 38.2-1056 Treasurer to receipt for deposits; responsibility of Commonwealth; taxation of deposited bonds
§ 38.2-1057 Assessment for expense of holding deposits; Insurance Collateral Assessment Fund
§ 38.2-1058 Felony for State Treasurer to dispose of securities illegally

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