CODE OF VIRGINIA

SEGREGATION OF PROCEEDS NOT REQUIRED (§ 38.2-3121)

No insurer holding the proceeds of any policy mentioned in § 38.2-3118 shall be
required to segregate the proceeds but may hold them as a part of its general
corporate funds.

HISTORY: Code 1950, § 38-118; 1952, c. 317, § 38.1-447; 1986, c. 562.