38.2-1052 - Exchange of securities. - Virginia Statutes

§ 38.2-1052. Exchange of securities.

A depositing insurer may from time to time exchange for any of the depositedsecurities other securities eligible for deposit under this article if in theopinion of the Commission the aggregate value of the deposit will not bereduced below the amount required by law.

(1952, c. 317, § 38.1-116; 1986, c. 562.)