CODE OF VIRGINIA

DEFINITION (§ 6.2-912)

As used in this article, “insolvent” means incapable of meeting the
current demands of creditors or having liabilities which, in total, exceed the
book value of assets.

HISTORY: Code 1950, § 6-114; 1966, c. 584, § 6.1-100; 1983, c. 507; 2010, c.
794.