CODE OF VIRGINIA

PAYMENT OF CLAIM; ASSIGNMENT OF CLAIMANT’S RIGHTS TO BOARD (§ 54.1-2118)

The Director shall, subject to the provisions of § 54.1-2116, pay to the
claimant from the fund such amount as shall be directed by the Board upon the
execution and delivery to the Director by such claimant of an assignment to the
Board of the claimant’s rights against the regulant to the extent that
such rights were satisfied from the fund.

HISTORY: 1977, c. 69, § 54-765.7; 1987, c. 555; 1988, c. 765.