78590938.2-4309Virginia Decodedhttps://vacode.org2016InsuranceHealth Maintenance OrganizationsInvestments1980, c. 720, § 38.1-873; 1986, c. 562; 1998, c. 42.http://law.lis.virginia.gov/vacode/38.2-4309/38.2-1400Scope and purpose of chapter/38.2-1400//38.2-4309/38.2/43/38.2-4309A health maintenance organization may invest in any Category 1 investment as defined in Chapter 14 of this title or any other investment the Commission may permit pursuant to provisions in Chapter 14 (§ 38.2-1400 et seq.) of this title. For investments made prior to July 1, 1998, by a health maintenance organization which is licensed on and after June 30, 1998, July 1, 1998 may be deemed the date of investment.section1