CODE OF VIRGINIA

TRANSPORTATION EQUIPMENT TRUST CERTIFICATES (§ 38.2-1420)

A domestic insurer may invest in adequately secured equipment trust certificates
or other adequately secured instruments evidencing (i) an interest in
transportation equipment wholly or partly within the United States and (ii) a
right to receive determined portions of rental, purchase or other fixed
obligatory payments for the use or purchase of the transportation equipment.

HISTORY: 1983, c. 457, § 38.1-217.23; 1986, c. 562.