{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-3815.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-3815.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-3815.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-3815.html"}],"law_id":362450,"edition_id":2,"section_id":362450,"structure_id":51762,"section_number":"38.2-3815","catch_line":"What benefits policies may provide","history":"Code 1950, \u00a7 38-483; 1952, c. 317, \u00a7 38.1-515; 1986, c. 562.","full_text":"Any company may provide for (i) stipulated premiums, (ii) death, annuity, endowment and disability benefits, and (iii) cash surrender and loan values to an amount not exceeding the reserve, or its equivalent, in paid-up or extended term insurance, based upon the mortality standards set forth in this chapter.\n\n","order_by":null,"text":{"0":{"id":1350087,"text":"Any company may provide for (i) stipulated premiums, (ii) death, annuity, endowment and disability benefits, and (iii) cash surrender and loan values to an amount not exceeding the reserve, or its equivalent, in paid-up or extended term insurance, based upon the mortality standards set forth in this chapter.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51762,"edition_id":2,"name":"Reserves, Policies and Benefits","identifier":"2","label":"article","depth":3,"order_by":2,"parent_id":51760,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:48:19","date_modified":"2026-08-02 12:33:16","permalink":{"id":1443211,"object_type":"structure","relational_id":51762,"identifier":"2","token":"38.2\/38\/2","url":"\/38.2\/38\/2\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51760,"edition_id":2,"name":"Cooperative Nonprofit Life Benefit Companies","identifier":"38","label":"chapter","depth":2,"order_by":40,"parent_id":51644,"metadata":{"child_laws":19,"child_structures":2},"date_created":"2026-08-02 02:48:17","date_modified":"2026-08-02 12:33:16","permalink":{"id":1443151,"object_type":"structure","relational_id":51760,"identifier":"38","token":"38.2\/38","url":"\/38.2\/38\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":362449,"structure_id":51762,"section_number":"38.2-3814","catch_line":"Contracts in writing; fees","url":"\/38.2-3814\/","token":"38.2\/38\/2\/38.2-3814","metadata":false},{"id":362450,"structure_id":51762,"section_number":"38.2-3815","catch_line":"What benefits policies may provide","url":"\/38.2-3815\/","token":"38.2\/38\/2\/38.2-3815","metadata":false},{"id":362451,"structure_id":51762,"section_number":"38.2-3816","catch_line":"Policies companies may issue; reserves required; provisions concerning increase of rates and extra assessments","url":"\/38.2-3816\/","token":"38.2\/38\/2\/38.2-3816","metadata":false},{"id":362452,"structure_id":51762,"section_number":"38.2-3817","catch_line":"Paid-up insurance or extended term insurance","url":"\/38.2-3817\/","token":"38.2\/38\/2\/38.2-3817","metadata":false},{"id":362453,"structure_id":51762,"section_number":"38.2-3818","catch_line":"Officers and members not individually liable for payment","url":"\/38.2-3818\/","token":"38.2\/38\/2\/38.2-3818","metadata":false}],"previous_section":{"id":362449,"structure_id":51762,"section_number":"38.2-3814","catch_line":"Contracts in writing; fees","url":"\/38.2-3814\/","token":"38.2\/38\/2\/38.2-3814","metadata":false},"next_section":{"id":362451,"structure_id":51762,"section_number":"38.2-3816","catch_line":"Policies companies may issue; reserves required; provisions concerning increase of rates and extra assessments","url":"\/38.2-3816\/","token":"38.2\/38\/2\/38.2-3816","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3815\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":1443217,"object_type":"law","relational_id":362450,"identifier":"38.2-3815","token":"38.2\/38\/2\/38.2-3815","url":"\/38.2-3815\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-3815\/","token":"38.2\/38\/2\/38.2-3815","dublin_core":{"Title":"What benefits policies may provide","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3815","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">company<\/span> may provide for (i) stipulated premiums, (ii) death, annuity, endowment and disability benefits, and (iii) cash surrender and loan values to an amount not exceeding the reserve, or its equivalent, in paid-up or extended term <span class=\"dictionary\">insurance<\/span>, based upon the mortality standards set forth in this chapter.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nWHAT BENEFITS POLICIES MAY PROVIDE (\u00a7 38.2-3815)\n\nAny company may provide for (i) stipulated premiums, (ii) death, annuity,\nendowment and disability benefits, and (iii) cash surrender and loan values to\nan amount not exceeding the reserve, or its equivalent, in paid-up or extended\nterm insurance, based upon the mortality standards set forth in this chapter.\n\nHISTORY: Code 1950, \u00a7 38-483; 1952, c. 317, \u00a7 38.1-515; 1986, c. 562.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}