CODE OF VIRGINIA

SURPLUS TO POLICYOWNERS (§ 38.2-3920)

A. A mutual assessment life, accident and sickness insurer shall have a minimum
surplus to policyowners of $ 100,000.

B. In order to write the classes of insurance referred to in Category C of §
38.2-3902, minimum surplus to policyowners shall be $ 800,000.

HISTORY: 1985, c. 400, § 38.1-549.21; 1986, c. 562.