Deposits
This is Article 7 of the Code of Virginia, titled “Deposits.” It is part of Title 38.2, titled “Insurance.” It is part of Chapter 10, titled “Organization, Admission And Licensing Of Insurers.” It’s comprised of the following 14 sections.
- § 38.2-1045
- Deposits required of insurers generally
- § 38.2-1046
- Purpose of deposits; enforcement of lien
- § 38.2-1047
- How deposits applied to payment of claims; deficit to be made good
- § 38.2-1048
- Return of deposits
- § 38.2-1049
- Alternate deposit requirements
- § 38.2-1050
- Voluntary deposit in excess of amount required
- § 38.2-1051
- Repealed
- § 38.2-1052
- Exchange of securities
- § 38.2-1053
- Interest on deposits; to whom paid
- § 38.2-1054
- Duty of State Treasurer when securities deposited are paid
- § 38.2-1055
- Annual report of State Treasurer to Commission
- § 38.2-1056
- Treasurer to receipt for deposits; responsibility of Commonwealth; taxation of deposited bonds
- § 38.2-1057
- Assessment for expense of holding deposits; Insurance Collateral Assessment Fund
- § 38.2-1058
- Felony for State Treasurer to dispose of securities illegally