CODE OF VIRGINIA

PROTECTION OF INSURERS FROM CREDITOR’S CLAIMS (§ 38.2-3124)

Notwithstanding §§ 38.2-3122 and 38.2-3123 any insurer issuing any insurance
policy shall be discharged of all liability on that policy by payment of its
proceeds in accordance with its terms, unless before payment the insurer
receives written notice by or on behalf of a creditor of a claim, stating the
amount claimed and the nature of the claim.

HISTORY: Code 1950, § 38-121; 1952, c. 317, § 38.1-450; 1986, c. 562.