77714838.2-3216Virginia Decodedhttps://vacode.org2016InsuranceStandard Nonforfeiture Provisions For Life InsuranceSame; operative date for § 38.2-32081962, c. 562, § 38.1-468.2; 1986, c. 562.http://law.lis.virginia.gov/vacode/38.2-3216/38.2-3208Same; industrial policies/38.2-3208//38.2-3216/38.2/32/38.2-321638.2-320838.2-321138.2-3213

After July 1, 1962, any insurer may file with the Commission a written notice of its election to comply with the provisions of § 38.2-3208 after a specified date before January 1, 1968. After the filing of the notice, then upon the specified date, which shall be the operative date of this section for the insurer, § 38.2-3208 shall become operative with respect to the industrial policies thereafter issued by that insurer. If an insurer makes no election, the operative date of § 38.2-3208 for the insurer shall be January 1, 1968.section

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